A newly-built high voltage power line between Klaipėda and Telšiai has been put into operation. It is the first 330 kV overhead power line built after the restoration of Lithuania’s independence. The power line will transmit electricity from Northern Europe to Lithuania when the NordBalt power link begins to operate, energy company Litgrid announced in a statement. […]
Lithuanian Energy Minister Rokas Masiulis says that electricity prices may go down next year following a cut in the public service obligation (PSO) budget. […]
Lithuanian electricity transmission system operator Litgrid has published a 10-year plan for the development of the country’s high-voltage power transmission grid, the company informs. […]
Lithuania in the future will be able to choose between “green” energy from the European Union and nuclear energy from Russia, an economist at Nordea bank said on Wednesday. […]
In the first nine months of 2014, Lithuania’s wind farms generated 366.4 Gigawatt-hours (GWh) of electricity, i.e., 19.3 percent more year-on-year. Wind electricity accounted for 16.4 percent of the total electricity generated in Lithuania. […]
On 11-17 August, the average electricity price in Nord Pool Spot power market Lithuanian trading zone was LTL 0.196 (EUR 0.056) per kilowatt hour, i.e., around 20 percent lower than a week ago. […]
Lietuvos Energijos Gamyba, a company engaged in the production and wholesale trading of electricity, is pursuing its goal to actively contribute to the integration of Nordic and Baltic electricity markets. Lietuvos Energijos Gamyba is the first Lithuanian company that joined the derivatives exchange NASDAQ OMX Commodities, the company says in a statement. […]
On 7-8 August, Minister of Energy Jaroslav Neverovič inspected the work on electrical transformer substations in Alytus (Lithuania) and Elk (Poland), which are part of the LitPol Link power connection. The minister said that even though the schedule is intensive, the substation reconstruction is being carried out successfully. […]
In July, the average electricity price in Nord Pool Spot power market Lithuanian trading zone (NPS LT) was LTL 0.198 (EUR 0.057) per kilowatt-hour, which was 4.4 percent above what it had been in June (LTL 0.189 or EUR 0.054 per kWh). In July 2014, compared with July 2013, the price increased by 17 percent. […]
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