Energy

International Internet Magazine. Baltic States news & analytics Thursday, 20.09.2018, 14:06

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Lithuania needs to develop its electricity capacity – study

Lithuania needs to develop its electricity capacity – study

20.09.2018

Lithuania needs to develop its efficient electricity capacity to ensure the reliable operation of its energy system in the future, according a study by the country's scientists, informs LETA/BNS.

Keyword tags: Energy, Energy Market, Lithuania, Markets and Companies



Lithuania's natural gas consumption down 10% in H1 y-o-y

Lithuania's natural gas consumption down 10% in H1 y-o-y

19.09.2018

Lithuania's natural gas consumption declined by 9.57% in the first half of 2018 compared with a year ago to 11.58 terawatt-hours (TWh), the energy market regulator said LETA/BNS.

Baltic TSOs submit application for joining Continental Europe Synchronous Area

Baltic TSOs submit application for joining Continental Europe Synchronous Area

19.09.2018

The Baltic transmission system operators (TSOs) on Wednesday signed the application for joining the Baltic power grids with the Continental Europe Synchronous Area by 2025, reported LETA/BNS.


Lithuania's E Energija to invest EUR 150 mln into wind farm

Lithuania's E Energija to invest EUR 150 mln into wind farm

19.09.2018

E Energija, a Lithuanian energy group controlled by the European Bank for Reconstruction and Development and businessman Virginijus Strioga, plans to invest around 150 million euros into a wind farm in the district of Kelme, western Lithuania, according the Verslo Zinios business daily information writes LETA/BNS.

Initiative to collect signatures against wind park in Dobele, Tukums started

Initiative to collect signatures against wind park in Dobele, Tukums started

18.09.2018

A group of residents have started collection of signatures against the wind park project in Dobele and Tukums counties, said Zita Savica, director of Baltic Candles company and a representative of the initiative group informed LETA.


17.09.2018

European Parliament's rapporteur proposes EUR 780 mln for Lithuanian N-plant closure

The European Parliament is recommended to approve 780 mln euros in funding for the Ignalina Nuclear Power Plant's decommissioning in the EU's next multiannual financial framework, the amount sought by Lithuania and 230 mln euros more than proposed by the European Commission, informs LETA/BNS.

17.09.2018

Europe’s largest conference on power electronics to be held in Riga

On September 17-21, 2018, Riga will host a scientific conference EPE 2018 on power electronics, gathering energy and electronic scientists from the whole world, informs LETA referring to the Riga Technical University.

14.09.2018

There will be no state support for the proposed Eolus wind-park – Economy Ministry

Swedish company Eolus Vind AB subsidiary in Latvia, Eolus, which is planning to build Latvia's largest wind park in Dobele and Tukums regions over the next four years, will not receive state support for the electricity it produces, informs LETA referring to the Economy Ministry spokeswoman Evita Urpena.

14.09.2018

Electricity prices in Baltic-Nordic region hit 10-year high

Electricity prices across the Nord Pool region rose for the third successive month in August 2018 to reach a ten-year high of almost 60 euros per megawatt-hour (MWh) on average, informs LETA/BNS referring to the independent electricity supplier Elektrum Lietuva.

14.09.2018

Technical scenario for Baltic grid synchronization approved in Brussels

The project for the synchronization of the Baltic power grids with the Continental European system received the green light from the Baltic Energy Market Interconnection Plan (BEMIP) High Level Group in Brussels on Friday, September 14, 2018, informs LETA referring to the Lithuanian government.

13.09.2018

Subsidized electricity producers' total turnover at EUR 1.21 bn in 2017 - Lursoft

Subsidized electricity producers' total turnover amounted to EUR 1.21 bn in Latvia last year, according to a Lursoft study informed LETA.

13.09.2018

EUR 250 million to be invested in development of wind park in Dobele and Tukums regions

Swedish company Eolus Vind AB' subsidiary in Latvia, Eolus is planning to build Latvia's largest wind park with 51 turbines in Dobele and Tukums regions over the next four years, the project is estimated to cost EUR 250 mln, as Eolus board member Gatis Galvins informed LETA.

13.09.2018

Power generation at Latvian hydro power plants down 14.7% y-o-y in seven months

During the first seven months of 2018, power generation at Latvian hydro power plants dropped 14.7% from the same period a year ago, according to the information from the Central Statistical Bureau.

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