Baltic, Energy, Energy Market, Lithuania

International Internet Magazine. Baltic States news & analytics Thursday, 18.04.2024, 11:12

Lithuania switches on Elektrenai plant as electricity price jumps

BC, Vilnius, 22.05.2017.Print version
Unit Nine at Lithuania's Elektrenai power plant was switched on after electricity prices in Nord Pool Spot's Lithuanian bidding area jumped on Monday, a spokesman for Lietuvos Energijos Gamyba (Lithuanian Energy Production) confirmed to LETA/BNS.

Valentas Neviera said that the price rise was due to maintenance at two units of the Riga combined heat and power plant and scheduled maintenance at Finland's Olkiluoto 2 nuclear power plant.


The average price of electricity in the Lithuanian bidding area rose by 9.4% on Monday compared with last Friday to reach 36.09 euros per megawatt-hour, the highest level among all Nord Pool countries. The average price stood at 35.01 euros in Estonia and 32.67 euros in Sweden's fourth bidding area, from which electricity is exported to Lithuania via the NordBalt cable.





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