Raimundas Lopata
CORPORATE

Raimundas Lopata. Skvernelis obtained his own Borisov?

Several months ago conversations between former Polish Minister of Foreign Affairs Radoslaw Sikorski and Orlen head Jacek Krawiec were “leaked”. They were also reprinted in Lithuanian media. The conversations featured discussions on the possibility to […]

Litgrid and LitPol Link
Energy

Poland changes its mind on the second section of Litpol Link

While constructing the first electricity transfer line of LitPol Link, Poland has faced such difficulties that the country is unwilling to construct a second such line, biznesalert.pl claims, citing the head of the Polish electricity […]

LitPol Link
Energy

Electricity consumption highest in a quarter of a century

In 2016, the final electricity consumption in Lithuania totalled 10.47 kilowatt hours (or 10.47 terawatt hours, TWh). A record growth in the consumption was observed last year: residents, businesses, agriculture and transport used 4.5% more electricity compared to 2015. The growth rate in agriculture was as high as 8.4%, service sector 5.7%, residents 4.3%, and transport sector 4%. The lowest year-on-year growth rate (3.5%) was recorded in the industrial sector, Litgrid press office reported. […]

CORPORATE

Wind power production grew more than 50% in Lithuania

During the first six months of 2016, electricity production in wind farms in Lithuania increased by 53.5% compared to the same period last year, and is 70% above what it was in 2014, shows Litgrid […]

Energy

Baltic grid synchronization plan expected by summer, EC vice-president says

The European Union’s (EU) researchers will draw up proposals by summer identifying the best ways to synchronize electricity grids of the Baltic countries and Western Europe, Maroš Šefčovič, the European Commission’s Vice-President for the Energy Union, has said while on a visit to Lithuania. […]