Energy Market

International Internet Magazine. Baltic States news & analytics Monday, 20.08.2018, 06:03

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Lithuanian-Swedish power cable NordBalt to be shut down for repairs

Lithuanian-Swedish power cable NordBalt to be shut down for repairs

16.08.2018

The Lithuanian-Swedish submarine power cable NordBalt will be shut down on Thursday for two and a half months for planned repairs involving the replacement of onshore cable joints which have caused frequent failures, reports LETA/BNS.

Keyword tags: Energy, Energy Market, EU – Baltic States, Lithuania



Lithuania's Modus Group to invest EUR 30 miln into solar power park in Ukraine

Lithuania's Modus Group to invest EUR 30 miln into solar power park in Ukraine

14.08.2018

Lithuania's Modus Group, uniting companies engaged in car trade, real estate and energy, is investing 30 million euros into a new solar power park in Ukraine.

Wind energy brings electricity price down in Lithuania – Litgrid

Wind energy brings electricity price down in Lithuania – Litgrid

13.08.2018

The price of electricity remains fairly high in Lithuania, despite dropping 7% on average last week as the production of wind energy nearly doubles in the Nordic countries, Lithuania, Latvia and Poland, informs LETA referring to the power transmission operator Litgrid.


Lietuvos Energija buying three wind farms from Stemma Group

Lietuvos Energija buying three wind farms from Stemma Group

10.08.2018

Lithuania's state-run energy holding Lietuvos Energija (Lithuanian Energy) wants to buy 100-percent stakes in companies Vejo Vatas and Vejo Gusis, from Lithuania's Stemma Group, a company controlled by the family of Martinas Gusiatinas, a former shareholder of Klaipedos Smelte, one of the largest cargo handling companies at the port of Klaipeda, Lietuvos Energija has announced LETA/BNS.

New comparable household prices for electricity and gas in the EU

New comparable household prices for electricity and gas in the EU

08.08.2018

For the first time, Eurostat is publishing prices for electricity and natural gas that are fully comparable across countries.


08.08.2018

Power generation at Latvian hydro power plants down 11.8% year-on-year in H1

During the first six months of 2018, power generation at Latvian hydro power plants dropped 11.8% from the same period a year ago, according to the information from the Central Statistical Bureau.

06.08.2018

Electricity price up 7% in Lithuania in July

The price of electricity rose 7% in Lithuania in July, from June, due to high temperatures raising energy consumption, and also price rises in other countries in the region, independent electricity provider Energijos Tiekimas says.

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