Energy, EU – Baltic States, Lithuania

International Internet Magazine. Baltic States news & analytics Thursday, 19.10.2017, 06:26

July output of Lithuanian power plants lowest in 2017

BC, Vilnius, 11.08.2017.Print version
The aggregate amount of electricity generated by Lithuania's power plants in July 2017, 156 gigawatt-hours, was the lowest throughout 2017, electricity transmission operator Litgrid said. The production is down 4% year-on-year and 25% month-on-month, informs LETA/BNS.

In the Lithuanian bidding area of the Nord Pool electricity market, the average electricity price dropped by 5% to 36.3 euros per megawatt-hour (MWh) in July, which is a decline by 8% year-on-year. Litgrid said the lower price was due to a 3-percent drop in electricity demand and favorable conditions for electricity imports from neighboring countries.

 

In July, Lithuania imported 88% of the electricity it used, with 26% coming from Sweden, 28% from Latvia, Estonia and Finland, 38% from Russia and Belarus, and the remaining 8% from Poland. Although the Lithuania-Sweden power interconnection NordBalt was offline for over two weeks in July, imports flow from Sweden did not subside, as compared with July.

 

In Poland, electricity price remained stable at 36.3 euros in July. Both consumption and production grew by 4% in the country.






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