Energy, Energy Market, EU – Baltic States, Lithuania

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 14:21

Lithuania's electricity market prices stay stable

BC, Vilnius, 05.12.2016.Print version
The price of electricity in Nord Pool Spot's Lithuanian bidding area last week averaged 37.3 euros per megawatt-hour, up by 0.8% from the previous week, but down by one-fifth from the year-earlier level, Litgrid said on Monday.

Lithuania last week imported 81% of its electricity. Some 42% of its electricity imports came from Latvia, Estonia and Finland, 13% from Poland and the rest from third countries, the power transmission system operator said.


Electricity production from renewable sources in the Baltic countries declined last week compared with a week earlier, with the region's hydro power output down by 21% and wind power generation down by 29%.


Some 45% of the cross-border interconnection capacity between Lithuania and Latvia, and 41% of that between Lithuania and Belarus was used for importing electricity to Lithuania on Nov. 28 through Dec. 4 on average.


 Three percent of the capacity of the Lithuania-Poland interconnection was used for the flow of electricity to Poland and 86% for the flow to Lithuania.


The utilization of the capacity of the NordBalt power interconnection between Sweden to Lithuania amounted to 15% in both directions.






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