Energy, EU – Baltic States, Lithuania
International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 07:32
July output of Lithuanian power plants lowest in 2017
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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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