NordBalt EN

  • Energy
  • European Union

Brussels preparing for talks with Russia on Baltic power systems

The European Commission is getting ready to start consultations with Russia over the switching of the Baltic states' power networks…

6 years ago
  • Uncategorized

Lithuanian, Swedish PMs to mull energy, investments in Stockholm

Lithuania's Prime Minister Saulius Skvernelis is leaving for Sweden on Monday on a brief visit to discuss energy and investment…

8 years ago
  • 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…

8 years ago
  • Energy

Electricity price drops by 13% due to NordBalt and LitPol Link

In 2016, the average price for electricity in the Lithuanian bidding area of Nord Pool was the lowest in the…

8 years ago
  • Energy

Litgrid and NATO Energy Security Centre to enhance cooperation

The Lithuanian electricity transmission system operator Litgrid and NATO Energy Security Centre for Excellence have signed a cooperation agreement. The…

8 years ago
  • CORPORATE

Re-launch of NordBalt cuts electricity prices

The price of electricity in Lithuania and Latvia last week fell 16% to €31.59 per MWh after the NordBalt maintenance…

8 years ago
  • CORPORATE

NordBalt interconnection relaunched after 11-day interruption

Electricity interconnection with Sweden, NordBalt, has been relaunched after repairs that took 11 days to complete.NordBalt disconnected on July 26.…

8 years ago
  • CORPORATE

Electricity price in Lithuania jumps by quarter due to lower NordBalt imports

With a decline of electricity flows through NordBalt by almost 60% and growing prices in neighbouring countries, electricity price in…

8 years ago
  • CORPORATE

Nordbalt fault sees emergency Kruonis reserve activated for second time in four days

Lithuania‘s Kruonis pumped storage power plant was activated again on Wednesday night to provide an emergency power supply when the…

9 years ago
  • CORPORATE

NordBalt malfunctions hit Inter Rao Lietuva’s bottom-line

Electricity production and distribution group Inter Rao Lietuva reports a 37% slump in net profits in the first quarter 2016.…

9 years ago
  • CORPORATE

NordBalt electricity back on the market

Swedish-produced electricity transported via the NordBalt cable underneath the Baltic Sea is back on the wholesale market on Friday, following…

9 years ago
  • Energy

NordBalt interconnector back online

The electricity interconnection between Lithuania and Sweden Nordbalt is back online after a malfunction shut it down last week. [...]

9 years ago
  • CORPORATE

NordBalt power connection down for fourth time this year

On Thursday, the NordBalt electrical connections between Lithuania and Sweden shut down for the fourth time this year. The price…

9 years ago
  • CORPORATE

Electricity prices drop in Baltics with NordBalt back online

Electricity prices have fallen in Lithuania in the last week as electricity imports from the Nordic countries flowed again following…

9 years ago
  • CORPORATE

Lithuania’s NordBalt electricity connection with Sweden fixed

NordBalt electricity connection with Sweden has been fixed. However, there is no information on when the connection will resume the…

9 years ago
  • Energy

Malfunction interrupts electricity flow on NordBalt

The NordBalt electricity interconnection between Lithuania and Sweden was shut down due to a malfunction on Friday, Litgrid said. [...]

9 years ago
  • Energy

Baltic States’ electricity prices move in different directions on Nordbalt effect

At the end of February, electricity prices across the Baltic states moved in different directions. Electricity prices fell by 2…

9 years ago
  • Energy

NordBalt drives Lithuanian electricity prices down to record lows

The operation of the electricity interconnector between Lithuania and Sweden pushed electricity prices down to record lows in Lithuania last…

9 years ago
  • Energy

Lithuania’s electricity prices ‘will not fall to Swedish levels anytime soon’ – Litgrid

New electricity interconnections with Poland saw Lithuanian wholesale electricity prices in December fall by 9%, but the opening of the…

9 years ago
  • Energy

Lithuania’s energy accomplishments in 2015

2015 was an intense year full of changes in Lithuania's energy sector. The Ministry of Energy compiled a list of…

9 years ago