Lithuanian electricity transmission system operator Litgrid has published a 10-year plan for the development of the country’s high-voltage power transmission grid. The main strategic priority for the next decade remains the integration of Lithuania’s electricity system with that of Western Europe.
2014 September 9
One-fifth of the electricity consumed this summer was produced by local power plants
During the third meeting of the Electricity Market Development Committee on 9 September, statistics prepared by representatives of Litgrid and Nord Pool Spot on the past summer’s electricity market were presented to electricity market experts and specialists.
2014 September 4
Experts: new sources of electricity generation would also be needed for the development of renewable energy
Commissioned by the Lithuanian electricity transmission system operator Litgrid, experts from the Kaunas University of Technology examined potential scenarios for the development of renewable energy in Lithuania until 2030.
2014 September 3
Invitation to Respond to the Public Consultation on the PTR-Limited principles
After assessing the needs of electricity market participants the Baltic transmission system operators (TSOs) the Elering AS, AS Augstsprieguma tīkls and Litgrid AB invite all interested parties to respond in writing to the request for comments on the "Terms and Conditions of Limited Physical Transmission Rights (PTR-Limited) Auction on the Estonia-Latvia border”.
2014 August 26
Specialists continue environmental monitoring of the territory for construction of the LitPol Link ‘power bridge’
Environmental consultants from the Lithuanian Fund for Nature have been studying the route for the LitPol Link power interconnection for two months now, in an effort to protect the unique ecosystem in the southern part of Lithuania and reduce the impact that the ongoing construction work might have on the environment.
2014 August 21
Summer work on the NordBalt link crowned by the cable being pulled through the Curonian Lagoon
On August 22-23, one of the most difficult stages of this summer’s NordBalt cable work will be implemented: a cable more than 1.5 kilometres long will be pulled through two pipes under the Curonian Lagoon, from the Klaipėda industrial region to Alksnynė.
2014 August 19
The electricity market survived the July heat
The average price of electricity in the Lithuanian bidding area on the Nord Pool Spot exchange in July was 19.8 cents per kilowatt hour. The record heat caused electricity consumption to increase by 10 per cent in Lithuania and 5 per cent in Latvia.
2014 August 7
Litgrid borrows from NIB to partially fund LitPol Link
On 6 August 2014, the Lithuanian electricity transmission system operator Litgrid and Nordic Investment Bank (NIB) signed an agreement on 50 million euro loan for a period of ten years.
2014 June 19
Hydroelectric power plants generated one tenth of the electricity consumed in May, in Lithuania
Hydroelectric power plants operating in Lithuania generated 83 million kilowatt-hour electricity, or one tenth of the electricity consumed during the last month in the country.
2014 June 17
The NordBalt project is successfully conquering the Baltic Sea
One third of the international power link NordBalt cable has already been laid on the seabed of the Baltic Sea, while other land works are being smoothly carried out on both Lithuanian and Swedish sides: underground cables are being laid, pouring of foundations for converters stations will commence shortly.
