Electricity

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

The Competition Council has decided to open an investigation and see whether the Lithuanian government's decision to single out the Elektrėnai-based Lithuanian Power Plant as the primary supplier of reserve power capacity did not violate competition rules.

Prime Minister Algirdas Butkevičius has asked his energy minister to find out if it is technically possible to restrict the supply of electricity from Belarus’ new nuclear power plant, which is part of the so-called BRELL energy ring that also includes the Baltic countries and Russia.

The Lithuanian Ministry of Energy says that it may run electric capacity auctions for reserve capacity for the Lithuanian electricity system starting in 2017.

The operation of the electricity interconnector between Lithuania and Sweden pushed electricity prices down to record lows in Lithuania last week, according to Litgrid, as it started to operate in test mode.

The largest wind farm in the Baltic countries has successfully started operating in western Lithuania, boosting electricity generated by wind in the country by up to a quarter.

New electricity interconnections with Poland saw Lithuanian wholesale electricity prices in December fall by 9%, but the opening of the NordBalt interconnector with Sweden will not see a harmonisation with Swedish electricity prices for some time, say Litgrid.

Wind power represented a quarter of domestic Lithuanian electricity production in 2015 with the amount of electricity generated by wind also increasing by over 25% year on year.

Fortum Klaipėda heat and power plant, which runs on waste and biofuel, produced a record 416GWh of heat and 143GWh of electricity during 2015.

France's Veolia, which owns energy companies Vilniaus Energija and Litesko in Lithuania, is set to announce its plans regarding its Lithuanian assets. Sources say the French company might be leaving the Lithuanian market.

Building the infrastructure and systems necessary to integrate Lithuania’s electricity systems with Western Europe is the key objective of Lithuanian grid operator, Litgrid, over the next two years.

Electricity shortages and a sharply increased electricity price on Monday forced the grid operator to turn on the combined cycle gas generating unit at Elektrėnai power plant.

Electricity supply and natural gas distribution company Energijos Skirstymo Operatorius (ESO), the new company that was formed by merging the state-owned companies Lesto and Lietuvos dujos, started trading its shares on the stock exchange of Nasdaq Vilnius on Monday.

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 wil...

With lower electricity imports, its prices in Lithuania and Latvia have grown slightly last week. Meanwhile electricity prices were falling in Estonia.

Over the first nine months of this year, wind power plants in Lithuania produced 511GWh of electricity, up by 13.2 percent compared to the same period last year. Overall, electricity production grew 10 percent in Lithuania.

Exactly 70 years ago in October, 1945, the Lithuanian power system was put into operation. The operation of generators at the Kaunas and Vilnius power plants was synchronized after a power line connecting the power plants had been installed, and the balance between power generation and consumption w...

Two months remain until the completion of the biggest joint Swedish and Lithuanian project NordBalt. In December the electricity produced in Scandinavia will be transmitted directly to Lithuania for the first time in history. King Carl XVI Gustaf and Queen Silvia of Sweden along with the President o...

Combined cycle unit of Elektrėnai Power Plant increased electricity generation due to significant price hike in the Nord Pool Spot power market. Thursday afternoon the unit was generating electricity at 420 MW capacity, thus ensuring the security of electricity supply. For comparison, almost the who...

Lithuania is moving from the post-Soviet to European electricity transmission system and Prime Minister Algirdas Butkevičius says claims that Russia and Belarus will incur damages as a result are nothing but "interpretations". The prime minister says Lithuania is not considering paying compensations...