As the summer season approaches, Lithuanian power plants and power transmission lines are going to undergo scheduled maintenance works. Nine of fourteen power plants will shut down for maintenance at a different time, so the supply of electricity will not be affected: most scheduled maintenance works will be carried out at thermal power plants which do not operate in summer.
2014 April 4
Electricity market development issues - in the hands of experts
Development of the electricity market and its coordination in an effort to create the utmost benefit for electricity market participants and consumers – these are the operating principles that members of the Electricity Market Committee discussed during their first meeting. These specialists and experts involved with the electricity market plan to hold meetings at least four times per year.
2014 March 5
Swedish contractors start working on the construction site of the key facilities of the NordBalt power link
A vacated territory of Klaipėda transformer substation was transferred to the Swedish technology company ABB, which produces and constructs the NordBalt power link and which will shortly start the installation of the direct current converter of the link. The contract with ABB regarding the installation of the NordBalt converters in Lithuania and Sweden was signed at the end of 2010; the contract value amounts to LTL 507 million.
2014 March 4
Electricity Demand Remained Stable; Renewable Resource Production Grew the Most
As much as 15 per cent of the electricity consumed in Lithuania last year, or one sixth of the kilowatt-hours consumed, was produced from renewable resources. Wind energy production increased by a tenth, while electricity produced by hydroelectric power plants grew by about 13 per cent. The volume of generated solar energy grew more than 20 times. A new type of electricity producer using renewable resources also emerged; a power plant in the Klaipėda Free Economic Zone that burns waste supplied 76 million kilowatt-hours of electricity to the grid.
2014 February 3
Litgrid’s reorganised system control centre will facilitate preparation for operational management of the interconnections with Sweden and Poland
In line with Lithuanian electricity transmission system operator Litgrid’s reorganisation of system management, a single power system control centre was established in Vilnius for all of Lithuania in 2013. Such a model — when the country's electricity system is controlled from a single centre — allows changes in the system to be responded to faster, reasons for problems in the electricity transmission grid to be pinpointed and eliminated more rapidly, and potential disruptions in the electricity system to even be pre-empted.
2014 January 7
Lithuanian electricity prices likely to resemble those in Scandinavia
In 2013, the average electricity exchange price in the Lithuanian bidding area was 16.9 ct/kWh, or 9.6 per cent bigger than in 2012. Last year, the lowest daily electricity price of 8.4 ct/kWh was formed on 23 April, and the highest price of 43.6 ct/kWh on 1 October.
2013 December 20
Rules on Cross - Border Capacity Calculation and Allocation
Lithuanian, Latvian and Estonian transmission system operators (TSOs) have been negotiating over common rules on cross - border capacity calculation and allocation to become effective on January 1, 2014. In case more time is needed to reach the common agreement, the Lithuanian TSO is ready to use national rules on cross - border capacity calculation and allocation from January 1, 2014. The rules are aimed to allocate and operate Lithuanian power links with Latvia, Belarus and Kaliningrad at the same time ensuring security of supply.
2013 December 20
Lithuanian Electrical Energy System Ready for the Most Severe Winter
The short-term adequacy analysis of the electricity system for the 2014 winter season shows that electricity demand in Lithuania is anticipated to reach its highest level of 1800 MW in the fourth week of January. Despite the fact that the Lithuanian electricity system is linked with powerful connections with the electricity systems of Latvia, Estonia, Belarus and Russia, electricity imports can meet only 73% of the country’s needs.
2013 December 10
Intraday market launched in Lithuania
The Nordic and Baltic electricity exchange Nord Pool Spot has opened its Elbas intraday market in Lithuanian and Latvian bidding areas. It is an important step towards the implementation of the Baltic Energy Market Interconnection Plan (BEMIP) and the adoption of the operating model of Nord Pool Spot electricity exchange in Lithuania and other Baltic States.
2013 November 28
Litgrid calls Baltic TSOs to maximize available capacities for electricity imports
The Lithuanian electricity transmission system operator Litgrid calls to revise the power transmission capacities’ allocation and to use them more efficiently thus increasing import capacities to the deficient Lithuanian and Latvian systems.
