Klaipėda
Energy

Electricity consumers in western Lithuania to test NordBalt link

In late November, 24,000 Lithuanian consumers will receive electricity from Sweden for the first time. During a half an hour special test when the Lithuanian electricity system operator Litgrid is planning to verify the NordBalt black-start feature, the residents in Klaipėda and Šilutė districts will be provided with electricity from a single source – the Lithuanian and Swedish interconnector NordBalt, Litgrid reports. […]

LitPol Link
Energy

Lithuania’s Litgrid and INEA sign agreement on partial LitPol Link funding

Litgrid, the Lithuanian electricity transmission system operator, and the European Union Innovation and Networks Executive Agency (INEA) have signed an agreement on partial LitPol Link project funding. […]

LitPol LinkLit
Energy

LitPol Link to receive EUR 27m funding from EU

The European Commission and European Union (EU) member-states have approved financial support in the amount of EUR 27.4 million for the LitPol Link power interconnection between Lithuania and Poland, Litgrid AB, the Lithuanian electricity transmission system operator, reports. […]

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Electricity cheaper throughout Baltic Sea region in March

In March the electricity price was the lowest since the Nord Pool Spot have been launched in Lithuania in 2012. The average electricity price in the Lithuanian bidding area was 32 EUR/MWh. The demand of electricity fell by 8 percent due to warmer weather and lengthening daylight. Compared to March last year, the price decreased by 23 percent in the Lithuanian market, the Lithuanian electricity transmission system operator Litgrid reports. […]

NordBalt cable
Energy

Final stretch of NordBalt cable to be laid under Baltic Sea

On Thursday, the works on laying the NordBalt cable resumed in the Baltic Sea. The last 150 kilometres will be laid by the end of this summer, the Ministry of Energy reports. […]

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Energy

Hydroelectric power plants prevent electricity price hike in Lithuania

In the first week of January the average electricity price in Nord Pool Spot power market Lithuanian trading zone went up and reached EUR 43.45 per megawatt hour, electricity transmission system operator Litgrid announced. […]