Swedish-produced electricity transported via the NordBalt cable underneath the Baltic Sea is back on the wholesale market on Friday, following the latest interruption on April 21. Operators of the interconnection between Sweden and Lithuania are […]
Belarus’s new nuclear power plant is rising fast at Astrayvets but Lithuanian analysts have now published a study on the costs of preventing Belarusian electricity flowing through Lithuania. The researchers at Kaunas University of Technology […]
Lithuania is launching a pilot project of smart electricity metering to see if more accurate tracking of power use can help create energy savings. Some people will be able to take advantage the system from […]
The failure of oil-exporting countries to agree in Doha on freezing production is beneficial to Lithuania and other oil importers, a leading economist says. […]
EU Climate Action and Energy Commissioner Miguel Arias Canete supports Lithuania’s position that Belarus‘ nuclear power plant under construction in Astravyets, some 50km from Vilnius, must comply with all Espoo Convention and nuclear safety requirements, the Environment Ministry said on Friday. […]
The Baltic countries‘ electricity network synchronization with the EU is a top priority on the European Commission‘s agenda, said Arias Canete, Commissioner for Climate and Energy in an informal meeting of energy ministers in Amsterdam. […]
Petrol prices in Lithuania’s filling stations went up slightly since the beginning of the month, following an extended lull. Industry representatives put the increase down to increasing oil prices on global markets. Petrol prices have […]
Electricity prices have fallen in Lithuania in the last week as electricity imports from the Nordic countries flowed again following the fixing of problems on the Nordbalt interconnector. Last week the average price of electricity […]
On February 16, the European Commission published its long awaited “winter package”, a series of legislative documents partly outlining the foundation of the often debated Energy Union. For those who have lost track, at the heart of the Energy Union lie concerns about single-source dependence on natural gas from Russia. […]
Russian energy company Gazprom tried to undermine Lithuania’s liquefied natural gas terminal (LNG) at Klaipeda and attempted to put pressure on some of Lithuania’s major gas consumers, the State Security Department (VSD) claimed in a threat to national security assessment released on Wednesday. […]
Klaipėda LNG terminal has been picked out as an example of how to ensure energy security and competition by the European Commission in the EU’s liquefied natural gas and gas storage strategy. […]
The Competition Council has decided to open an investigation and see whether the Lithuanian government‘s decision to single out the Elektrėnai-based Lithuanian Power Plant as the primary supplier of reserve power capacity did not violate competition rules. […]
CEO of Lietuvos Energija (Lithuanian Energy), Lithuania’s state-owned energy holding, says the company intends to take part in Gazprom’s natural gas auction for the Baltic countries this week, but the auction price will have to be comparable to those in Europe and lower than the one offered by Gazprom to companies early this year. […]
Lithuania’s major political parties will work out an agreement to present a unified front opposing the threat posed by the construction of a new Belarus nuclear plant and to send a clear message that electricity from the plant will face restrictions. […]
With Iran eager to enter the global oil market and both Russia and Saudi Arabia desperate to stay in the game, the two countries’ recent agreement to freeze oil output should be taken with a grain of salt, says Lithuanian energy expert Romas Švedas. […]
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