International Internet Magazine. Baltic States news & analytics
Tuesday, 27.09.2016, 23:41
The Lithuania-Poland talks on strategic energy projects may be determined by the outcome of the dispute initiated by Orlen Lietuva with Lietuvos Gelezinkeliai (Lithuanian Railways, LG), which is directly unrelated with energy projects, informs LETA/BNS.
Keyword tags: Energy, Energy Market, EU – Baltic States, Legislation, Lithuania, Oil, Railways
The price of electricity in Nord Pool Spot's Lithuanian bidding area last week averaged 36 euros per megawatt-hour, up by 8 % from a week earlier, but down by 17 % from a year earlier, Litgrid said LETA/BNS.
Lithuania's government decided on Monday to postpone the completion date of the Gas Interconnector Poland-Lithuania (GIPL) gas pipeline until the end of 2021. Energy Minister Rokas Masiulis has told that, with Poland revising the route of the pipeline, the project will be delayed but become cheaper. In his words, the Lithuanian compensation to Poland should be reduced to the extent the Polish costs decline, reports LETA/BNS.
After Poland postponed the end of implementation of the Gas Interconnector Poland-Lithuania (GIPL) gas pipeline by 2.5 years, Lithuania's gas transmission company Amber Grid will have to terminate the tenders of pipeline acquisition and gas pipeline construction before calling new ones, reports LETA.
According to the head of the United States Energy Association (USEA), Barry K. Worthington, the Utah oil shale development project of Estonia's state-owned energy group Eesti Energia has much support and a great likelihood of success, reports LETA/BNS.
The state-owned Estonian energy group Eesti Energia has announced a tender for the design and construction of a wind farm in the Tootsi Suursoo area of the southwestern Parnu County, wites LETA/BNS.
Gazprom, which lost most of the Lithuanian market this year, will not hold a second auction of gas sales to the Baltic states, but Lithuania's energy minister and market players say this will not cause any problems to the country, which will continue buying gas from Norway's Statoil and other suppliers, or from the Russian gas giant under direct contracts, writes LETA/BNS.
Companies of the Utilitas group, which supplies eight Estonian towns with thermal energy, have filed applications to change their business names so that they would operate under a common brand in the future, BC Utilitas representative informed BC.
The European Commission has approved 150 million euros in support for a 345-million-euro biomass and waste-fired cogeneration plant that the state energy group Lietuvos Energija (Lithuanian Energy) is building in Vilnius, reports LETA/BNS.
The 500-megawatt LitPol Link power interconnection between Lithuania and Poland is back online after a week of planned maintenance work, reports LETA.
A senior executive of Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) says that Orlen Lietuva has asked for tens of mlns of euros worth of discounts on rail freight rates, noting that this could be the price for Poland's position not to hamper Lithuania's strategic energy projects, particularly the Baltic grids' synchronization with the Western European system, reports LETA.
The Fortum group companies Anne Soojus AS and Fortum Eesti AS received altogether 1.7 mln euros of renewable energy support in August, more than any other generating party in Estonia, figures published by the transmission system operator Elering show, reports LETA/BNS.
The state-owned Estonian energy group Eesti Energia will start selling natural gas to household customers in November,Eesti Energia representatives told BC.
Lithuania and Poland are starting to analyze possible routes for a second LitPol Link power interconnection between the countries as part of preparations for synchronizing the Baltic electricity grids with the Continental European network, reports LETA/BNS.
Joint-stock company Norvik Ieguldijumu Parvaldes Sabiedriba (Norvik Investment Management Company) has become the sole owner of the wind power developer Winergy, according to Firmas.lv writes LETA.