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Litgrid, Lithuanian electricity transmission system operator, maintains stable operation of the national power system, controls electricity flows and enables competition in an open domestic electricity market. Litgrid is responsible for integrating national power system into the European power infrastructure and electricity market. The company has built strategic electricity cross-border links, namely, NordBalt (Lithuania-Sweden) and LitPol Link (Lithuania-Poland). While implementing the ultimate goal of Lithuania - independence in energy sector, we promote such values as responsibility, creativity and dialogue.
The dispute between Lithuania and Latvia over the possible import of electricity from Belarus' Astravyets Nuclear Power Plant (NPP) may have to be dealt with by the European Commission, the chief executive officer of Lithuania's power transmission system operator Litgrid has said.
Lithuanian Prime Minister Saulius Skvernelis says that strategic state-owned enterprises will not be privatized, but adds that some problem companies could be partially privatized by listing their shares on the stock market.
One of the most important preparation steps towards synchronisation – the Baltic power system isolated operation test will take place in 2019. This August, the study determining technical conditions for the test as well as preparatory measures, was completed.
The project for synchronizing the Baltic power grids with the Western European system must be carried out as soon as possible, or otherwise energy security would be put at risk, Lithuanian Energy Minister Žygimantas Vaičiūnas said on Tuesday.
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.
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 agricultur...
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.
The maintenance works of the LitPol Link interconnection were accomplished on Saturday afternoon. It was the first annual disconnection of the power link with Poland for the maintenance. After the works were performed, the interconnection was again put into operation on September 18, Litgrid communi...
The NordBalt electricity interconnection between Lithuania and Sweden was shut down due to a malfunction on Friday, Litgrid said.
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 European Union’s (EU) researchers will draw up proposals by summer identifying the best ways to synchronize electricity grids of the Baltic countries and Western Europe, Maroš Šefčovič, the European Commission’s Vice-President for the Energy Union, has said while on a visit to Lithuania.
