Energy, Energy Market, Lithuania
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Tuesday, 23.04.2024, 19:32
Electricity prices in Lithuania rise as supply falls
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Y-o-y,
however, the average price fell by 13% the power transmission system
operator said.
"Electricity prices held steady for most of the week
before jumping twofold on Friday. The rise was due to a decline in domestic
supply and limited import capacities," Litgrid said.
"The Lithuanian Power Plant went offline on Thursday.
The Kruonis Pumped Storage Hydro Power Plant did not produce electricity on
Friday either. Wind power generation in all Baltic countries halved compared
with the week before," it added.
Lithuania last
week imported 88% of its electricity, with imports on Friday soaring to as
much as 94%.
39%
of electricity imports came from Latvia, Estonia and Finland, 21%
from Sweden and 40% from third countries.
Import capacities from Sweden decreased after the NordBalt
interconnection went offline on Tuesday evening and imports from Latvia were
limited by maintenance work.
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