The port of Klaipėda is ready to receive the floating storage and regasification unit (FSRU) of the Lithuanian liquefied natural gas (LNG) terminal, even if it docked today, says Prime Minister Algirdas Butkevičius. […]
The Board of the national electricity generation company Lietuvos Energijos Gamyba (Lithuanian Energy Production) has decided to decommission units 1 and 2 of the Lithuanian power plant (Elektrėnai Power Plant) starting from 1 January 2015. […]
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. […]
The European Commission recommends Estonia, Latvia, Lithuania and Finland to start preparing for an emergency situation immediately since if Russian gas taps were turned off, Estonia, for example, would run out of gas in 4-5 days, Eesti Paevaleht writes. […]
If gas supplies from Russia to Lithuania, Latvia and Estonia were to be disrupted, the soon-to-be-commissioned liquefied natural gas (LNG) facility in Klaipėda would ensure the supply for customers in all three Baltic countries, the European Commission (EC) has said. […]
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. […]
Over the past few months, Europe has learnt that energy can be used as a severe tool of pressure for political purposes, said Lithuanian Deputy Minister of Foreign Affairs Rolandas Kriščiūnas in his address to the annual energy conference Independent Energy – Strong Economy, the MFA informs. […]
Energy Minister Rokas Masiulis says that the price of gas supplied through the Liquefied Natural Gas (LNG) terminal will be determined by the international market as it will be calculated based on the United Kingdom‘s National Balancing Point (UK NBP) gas prices. […]
Minister of Energy Rokas Masiulis has yet to give a concrete answer about whether Lithuania needs a new nuclear power plant (NPP) in Visaginas. According to him, Lithuania is finding its feet regarding energy security, thus there is no need to rush with the decision. […]
The newly appointed Minister of Energy Rokas Masiulis says that he will decide on the directions of his policies after he better studies costs of major energy projects. […]
Lithuania lacks proper energy strategy which would encompass climate change and objectives in the area of energy, says Giedrė Kaminskaitė-Salters, chief advisor to President Dalia Grybauskaitė. […]
Lithuania’s Prime Minister Algirdas Butkevičius has stressed during his visit in the United States of America that Lithuania wants to attract shale exploration and extraction companies to invest in Lithuania. […]
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. […]
Once Japan restarts its nuclear capabilities, it will reduce its reliance on LNG. As a result, global LNG prices should drop, benefiting European states that are eyeing LNG as an alternative to Russian gas. This is particularly crucial for such Eastern European states as Lithuania and Poland that have placed great hopes in their liquefied natural gas (LNG) terminals in Klaipėda and Świnoujście. […]
EU has rejected the proposal to finance the development of joint LNG terminal projects proposed by the Estonian company Alexela Energia and Finland‘s Gasum Oy, writes Eesti Päevaleht. […]
The EU project SmartFlex has announced the completion of a production line for manufacturing individually designed solar photovoltaic (PV) façades on an industrial scale. […]
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