International Internet Magazine. Baltic States news & analytics
Saturday, 31.01.2015, 05:58
Commercial activity and sale of unneeded property enabled state enterprise Ignalinos Atomine Elektrine (Ignalina Nuclear Power Plant, IAE) earn additional EUR 2.1 million (LTL 7.3 million) which will be used for the decommissioning of the plant, reports LETA/ELTA.
Keyword tags: Energy, Financial Services, Legislation, Lithuania, Nuclear power plant
According to Prime Minister Algirdas Butkevicius, companies related to Russian capital that are participating in Ignalina Nuclear Power Plant decommissioning project are operating lawfully. Nonetheless they are being monitored by Lithuanian law enforcement agencies, reports LETA/ELTA.
Estonian Minister of Economy and Infrastructure Urve Palo, Elering’s CEO Taavi Veskimägi and the Vice President of the Finnish Wärtsilä Group are inaugurating Elering’s emergency reserve power plants on Friday, Elering announced, cites LETA.
The decision made by the European Commission enabling the United Kingdom to finance the construction of a nuclear power plant at Hinkley Point, Somerset, using state funds gives hope that support might be allocated for Visaginas Nuclear Power Plant (VAE) project as well, informs LETA/ELTA.
Minister of Energy Rokas Masiulis has not given a concrete answer whether Lithuania needs a new nuclear power plant (NPP) in Visaginas. According to him Lithuania is finding its feet regarding energy security, thus there is no need to rush with the decision, informs LETA/ELTA.
As the Lithuanian Ministry of Energy reviewed the final Ignalina nuclear power plant (NPP) decommissioning plan, it turned out that the closing price will stand at EUR 2.6 billion at least, while the closing deadline has been extended for 9 years, informs LETA/ELTA.
According to Prime Minister Algirdas Butkevicius, a nuclear power plant in Lithuania can only be constructed with a contribution of regional partners, reports LETA/ELTA.