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
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.

Electricity price will decline by 5% in 2017

Friday, December 23, 2016 11:19
Electricity prices for household users in Lithuania will decline by an average of 5 percent next year, the National Control Commission for Prices and Energy said on Friday.

Minister of Energy: paradox but occupation isn't over in energy industryCORP

Thursday, December 22, 2016 16:08
The new Minister of Energy Žygimantas Vaičiūnas does not deny the possibility that in negotiations to disconnect from the so-called BRELL ring there could be tensions, but states that Russia understands the goals of Lithuania and other Baltic States perfectly well.

Achemos Grupė's oil terminal sues Klaipėdos Nafta for EUR 6 mln

Tuesday, November 29, 2016 10:20
Achema
Bendrovės nuotr.
Krovinių Terminalas (Cargo Terminal), an oil product terminal owned by Achemos Grupė, last week turned to court over a deal between Klaipėdos Nafta (Klaipėda Oil) and Orlen Lietuva that allegedly violates the Law on Competition and restricts fair competition in the Klaipėda port's light petroleum product market, the daily Lietuvos Žinios reported on Tuesday.

EnergMin candidate says closure of ministry not a priority issue

Monday, November 28, 2016 16:11
Žygimantas Vaičiūnas, the Lithuanian Peasant and Green Union's candidate to become the country's next energy minister, says that the proposed closure of the Energy Ministry and transfer of its functions to the Economy Ministry is an issue of secondary importance.

Vilnius to take energy co to court over EUR 190,000 overpayment for heating

Wednesday, November 23, 2016 11:58
Administration of Lithuania's capital Vilnius intends to take Vilniaus Energija, heating supplier to the city, to demand that it pays back some of the money, 190,000 euros, for heating when it bought biofuel at a price far above the market price.

Lithuania's new energy strategy: NordBalt2 in 2025, halt of Visaginas N-plant project

Tuesday, November 15, 2016 12:58
The Lithuanian and Swedish electricity markets should be connected by the second interconnection, NordBalt 2, by 2025, while the Visaginas Nuclear Power Plant project should be frozen, suggests a new energy strategy worked out by the outgoing Lithuanian Energy Ministry and presented by Minister Rokas Masiulis on Tuesday

Lietuvos Energija CEO denies being offered Minister of Transport job

Thursday, November 3, 2016 16:46
Dalius Misiūnas, CEO of the Lithuanian state-energy holding company Lietuvos Energija (Lithuanian Energy), denies that he has been offered the post of transport minister in the country's next government.

Lithuania to scrap energy ministry - Peasants leader

Thursday, November 3, 2016 16:38
Ramūnas Karbauskis, chairman of the Lithuanian Peasant and Green Union (LPGU), the party that triumphed in recent parliamentary elections, says that the Energy Ministry, which, in words, was established for a new nuclear power plant project, will be scrapped and its functions will be transferred to a separate department at the Economy Ministry.

Litgrid and NATO Energy Security Centre to enhance cooperation

Monday, October 31, 2016 11:47
DELFI (V. Deveikytės nuotr.)
The Lithuanian electricity transmission system operator Litgrid and NATO Energy Security Centre for Excellence have signed a cooperation agreement. The two parties have undertaken to exchange experience in ensuring and strengthening Lithuania’s energy security.

Outcome of Lithuania-Gazprom dispute shouldn't influence EU decision

Saturday, October 29, 2016 13:05
Gazprom
Sputnik/Scanpix
Lithuania's failure to win a dispute against Gazprom over too high natural gas prices should not influence the European Commission's decision in its antitrust probe into the Russian gas giant's operations, Lithuanian Energy Minister Rokas Masiulis.