Energy

Lithuania ready to ensure power from unsafe plants has no access to its market - PM

Thursday, May 25, 2017 12:12
Amid doubts whether Lithuania's efforts to impose an embargo on electricity from the Astravyets nuclear power plant under construction in Belarus will be compatible with WTO rules, Prime Minister Saulius Skvernelis says that the country will ensure that power from unsafe facilities has no access to its market.

Baltic grid synchronization with Europe possible via one LitPol Link - Sefcovic

Thursday, May 25, 2017 12:02
The European Commission's vice-president in charge of the energy union says that the Baltic countries could synchronize their power grids with the continental European system via a single LitPol Link line by expanding its capacity and that the project could receive EU support.

Gazprom must compensate consumers for losses over unfair practices - Grybauskaitė

Wednesday, May 24, 2017 13:02
Russia's gas giant Gazprom must compensate European gas consumers for losses they suffered due to its non-transparent gas trade practices, Lithuanian President Dalia Grybauskaitė said after meeting with Maros Sefcovic, the European Commission's Vice-President for Energy Union in Vilnius on Wednesday.

Baltics agree on grid synchronization via Poland - Skvernelis (1)

Tuesday, May 9, 2017 10:17
The prime ministers of the three Baltic countries and Poland on Monday reached a preliminary agreement on synchronizing the power grids of Lithuania, Latvia and Estonia with the continental European network via the existing interconnection between Lithuania and Poland, known as LitPol Link, Prime Minister Saulius Skvernelis said.

Lithuania wins EUR 13 mln in British law-enforcement vs Alstom case (1)

Tuesday, May 9, 2017 09:19
France's Alstom has paid 13 million euros in compensation to Lithuania as ordered by London's Southwark Crown Court in a case in which the French group's Swedish energy unit Alstom Power was accused of corruption in Lithuania.

EC, Gazprom should hold talks on new commitments - Energy Minister

Thursday, May 4, 2017 15:54
The European Commission and the Russian gas giant Gazprom should hold negotiations on new commitments, as the current ones no longer reflect the reality and will have no effect upon Central and Eastern European gas markets, says Energy Minister Zygimantas Vaiciunas.

Memorandum on Baltic synchronization should be signed in June

Friday, April 28, 2017 09:22
Lithuania's electricity transmission company's logo - Litgrid
DELFI / Vilma Deveikytė
Lithuania and the other states of the Baltic Sea region should sign a memorandum of understanding in June on synchronization of the Baltic states with continental Europe via Poland. The document should give an impetus to the preparations for synchronized work of the networks.

Vilnius to turn to Stockholm arbitration over damage compensation by France's Veolia

Tuesday, April 25, 2017 16:37
The Vilnius City Council decided on Tuesday to turn to the Stockholm arbitration for compensation of damages caused by the French concern Veolia and its company Vilniaus Energija during lengthy lease of the city's heating sector after they disagreed with the claim of about 200 million euros filed by the city.

Lithuania passes bill to restrict imports from Belarus' Astravyets, other unsafe N-plants

Thursday, April 20, 2017 15:51
The Lithuanian parliament on Thursday adopted a bill to restrict electricity imports from the Astravyets nuclear power plant under construction in Belarus and other unsafe nuclear facilities in third countries.

There's consensus on Baltic grids' synchronization via Poland, but details not yet clear

Thursday, April 13, 2017 10:26
There is a consensus among member countries of the Baltic Energy Market Interconnection Plan (BEMIP) that the Baltic power grids have to be synchronized with the Western European system via Poland, but details, such as the need for a second LitPol Link, remain to be worked out.

Rosatom sought foothold in Lithuania - declassified intelligence info

Thursday, April 13, 2017 08:51
Rosatom
RIA / Scanpix
Russia's nuclear energy giant Rosatom, which is building the Astravyets nuclear power plant in Belarus, had plans to gain a foothold in Lithuania, according to declassified material provided by the State Security Department to the parliament's Committee on National Security and Defence.

Heating prices to grow by at least 8% in Vilnius in June

Friday, April 7, 2017 08:49
Heating prices in Vilnius should grow by 8.2 percent from June, the National Commission for Energy Control and Prices decided on Thursday. However, after the ruling coalition decided to cancel the value-added tax privilege (9 pct), the heating prices in Lithuania's capital city should climb much higher.

Vilnius submits EUR 200 mln claim to Veolia

Thursday, March 30, 2017 11:01
The city of Vilnius has submitted a 200-million-euro claim to Veolia and Vilniaus Energija (Vilnius Energy), the French group's local subsidiary whose 15-year lease on the Lithuanian capital's heating system ended this week, seeking compensation for damage caused to the assets during the lease period.

Poland's refusal of Astravyets N-plant electricity a key signal to Lithuania

Monday, March 20, 2017 11:58
Astravyets nuclear power plant in Belarus
Astravo AE archyvo nuotr.
The statement by a Polish governmental official that the country would not buy electricity from the Belarusian Astravyets nuclear power plant (NPP) sent an important signal to Lithuania, says Lithuanian political scientist Andzejus Pukšto.

Energy issues to be discussed at 6th Traditional and Renewable Energy ForumFREE

Wednesday, March 15, 2017 15:05
Traditional and Renewable Energy Forum will be held for the sixth time in Vilnius on 26 April. Each year the event brings together energy sector leaders and is dedicated to provide a strategic energy outlook in the Baltic region, discuss the issues of regional cooperation, analyse changes taking place in the gas, electricity and renewable’s sector.

ForMin: Belarusian stance on Astravyets devaluates intl conventions

Tuesday, February 28, 2017 10:15
The Belarusian attitude towards the Astravyets Nuclear Power Plant (NPP) under construction in its territory undermines the importance of international conventions in the settlement of disputes on possibly negative environmental effects of nuclear utilities, says Lithuania's Foreign Minister Linas Linkevičius.

PM seeks Germany's support on power grid synchronization, Belarus' N-plant

Thursday, February 23, 2017 11:34
Lithuanian Prime Minister Saulius Skvernelis plans to focus on energy issues, such as the planned synchronization of the Baltic power transmission grids with the Western European system and the safety of the Astravyets nuclear power plant under construction in Belarus, during Thursday's meeting with German Chancellor Angela Merkel in Berlin.

Energmin sees some positive shift in Latvia's stance on Belarus' N-plant

Thursday, February 23, 2017 09:20
Lithuanian Energy Minister Žygimantas Vaičiūnas says that an agreement has been reached with Latvia to appoint a group of experts to look at possible ways of blocking electricity from Belarus' Astravyets nuclear power plant, which could signal a positive shift in the neighboring country's more reserved position toward the facility under construction some 50 kilometers from Vilnius.

Minister of Energy to ask about Latvian stance on Astravyets

Wednesday, February 22, 2017 10:05
Building site of the Astravyets Nuclear site
Ramūnas Bogdanas
Amid the discussions in Lithuania on ways to halt the construction of the Astravyets Nuclear Power Plant (INPP) in Belarus, Lithuania's Energy Minister Žygimantas Vaičiūnas is addressing the issue in Latvia on Wednesday.

Electricity consumption highest in a quarter of a century

Tuesday, February 21, 2017 13:25
LitPol Link
LitPol Link
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.

Vytautas Landsbergis: Lithuania experiencing nuclear blackmail

Friday, February 17, 2017 11:01
Vytautas Landsbergis, Lithuania's first post-independence leader, has expressed his concern over the Astravyets nuclear power plant that Belarus is building close to the border with Lithuania.

IAEA official: Belarus' N-plant is a serious project

Monday, February 13, 2017 10:57
The Astravyets nuclear power plant under construction in Belarus, not far from the border with Lithuania, is a serious project that preliminary meets the International Atomic Energy Agency's safety standards, one of the agency's heads said in an interview with BNS.

Belarus selectively applies nuclear safety standards

Thursday, January 19, 2017 13:10
Belarus selectively applies nuclear safety standards in the construction of the Astravyets nuclear power plant, Lithuanian Foreign Minister Linas Linkevičius said on Thursday.

Latvian minister: We grasp Astravyets concerns, don't plan embargo laws

Monday, January 16, 2017 10:18
The Latvian government supports the Lithuanian position to demand the highest security standards at the Astravyets nuclear power plant under construction in Belarus, however, does not consider any laws to restrict electricity imports from the utility, says Latvia's Foreign Minister Edgars Rinkēvičs.

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

Wednesday, January 4, 2017 11:19
In 2016, the average price for electricity in the Lithuanian bidding area of Nord Pool was the lowest in the history of the exchange: EUR 36.5 per megawatt hour (MWh). The price was 13% lower compared to 2015 and 25% lower than in 2014 and 2013, LitGrid AB informed in its press release today.

Buying gas from Russia's Gazprom may be risky (1)

Tuesday, January 3, 2017 19:37
Buying gas from Russia's Gazprom may be risky
Sputnik/Scanpix
Some Lithuanian political scientists say that the growing share of Russia's gas giant Gazprom on the Lithuanian gas market may be risky, although the new deals made by Lithuanian companies on cheaper Russian gas make sense.

Vilnius Energy co asks Stockholm arbitration to appoint valuers of heating grid

Thursday, December 29, 2016 14:10
Vilniaus Energija (Vilnius Energy), Lithuania's biggest district heating supplier controlled by France's Veolia, has asked the Stockholm arbitration to appoint an independent asset valuer in protest of the valuers selected by the municipal company Vilniaus Šilumos Tinklai (Vilnius Heating Grid, VST ).

EU aid for Klaipėda FSRU purchase to depend on Latvia, Estonia - EnergMin

Tuesday, December 27, 2016 16:16
Independence, Klaipeda LNG terminal's floating storage and regasification unit
DELFI (E.Skardžiaus nuotr.)
Lithuania's talks with the European Commission on EU funding for the acquisition of the Klaipėda liquefied natural gas ( LNG) terminal's vessel will depend on whether Latvia and Estonia recognize it as a regional facility, Energy Minister Žygimantas Vaičiūnas said.

LNG competence centre to open its doors in Klaipėda

Tuesday, December 27, 2016 12:07
Opening of the liquefied natural gas (LNG) competence centre in the seaport is a significant event for the Lithuanian LNG cluster members in the outgoing year 2016. A modern training infrastructure, which was marshalled in business incubator of Klaipėda University (KU), will serve the LNG terminal engineering students, as well as the specialists from Lithuania and abroad working in that field, the Klaipėda University stated in a press release.