Energy, Energy Market, EU – Baltic States, Lithuania

International Internet Magazine. Baltic States news & analytics Friday, 19.04.2024, 18:54

Lithuanian power plant's Unit 9 to produce electricity Friday

BC, Vilnius, 08.06.2017.Print version
Electricity price will remain higher than usual on the market on Friday, therefore, Unit Nine of the Elektrenai power plant, which is operated by the Lietuvos Energijos Gamyba (Lithuanian Energy Production, LEG) will generate electricity, LEG spokesman Valentas Neviera confirmed to LETA/BNS.

As the repairs of the NordBalt power interconnection with Sweden continues, electricity price in the Lithuanian bidding area of the power exchange Nord Poll will reach 45.48 euros per megawatt-hour, which is about 30 % above the usual level.


High electricity prices continue on the market for the whole week, however, LEG only produced electricity on Monday and Tuesday. Electricity price stood at about 44 euros on Wednesday and Thursday, however, the LEG capacities were not needed due to lower power demand on the market.


Launched in early 2016, NordBalt was closed for repairs last Saturday and should go back online on June 18.






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