Economy

Lithuanian electricity company becomes member of NASDAQ OMX Commodities

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. […]

Energy

Hot weather raised electricity price in Lithuania

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. […]