Residents of the western part of Lithuania will now be able to enjoy a more reliable supply of electricity thanks to the reconstructed transformer substation in Klaipėda which will also ensure more secure transmission of electricity. […]
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. […]
The construction of high voltage interconnections LitPol Link and NordBalt to connect Lithuania with Poland and Sweden is moving ahead: two thirds of NordBalt and half of LitPol Link works have been completed since last spring. LitPol Link and NordBalt will be put into operation after twelve months, at the end of 2015, Lithuanian electricity transmission system operator Litgrid said in a statement. […]
On 18 December 2014, the Lithuanian electricity transmission system operator Litgrid and European Investment Bank (EIB) signed an agreement on a EUR 65m loan for a maximum period of sixteen years. The funds will be used to partially finance implementation of LitPol Link project and the new power line from Alytus to Kruonis PSHP (Pumped Storage Hydroelectric Plant), Litgrid said in a statement. […]
The Liberals’ Movement has proposed selling at least 5 percent of the major state-owned energy companies’ shares. […]
Construction of the LitPol Link power interconnection with Poland, one of Lithuania’s most important current energy projects, is rapidly pushing forward, with 45 percent of planned works now complete, Litgrid, the Lithuanian electricity transmission system operator, reports. […]
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. […]
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. […]
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. […]
Rokas Masiulis, the CEO of Klaipėdos Nafta (Klaipeda Oil) who was on Monday appointed as the country’s new energy minister, says that he has already discussed the energy sector’s prospects with Loreta Graužinienė, the leader of the Labour Party which delegated him to the post. […]
The Lithuanian electricity transmission system operator Litgrid and Nordic Investment Bank (NIB) signed an agreement on Wednesday on a 50-million-euro loan for a period of ten years, said the company in a statement. […]
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