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Thursday, 23.02.2017, 18:08
Offshore pipelay capacities secured for both line.Further important milestone for the Nord Stream 2 project. Dynamically-positioned vessels will operate without anchors for environmental protection in the Baltic Sea.
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Natural gas offer from Lithuania in most of the periods last year was cheaper than the offer of Latvijas Gaze natural gas utility, said Latvenergo power company's board member Maris Kunickis in a forum on energy supplies on Thursday writes LETA.
Amid the discussions in Lithuania on ways to halt the construction of the Astravyets Nuclear Power Plant (INPP) in Belarus, Lithuania's Energy Minister Zygimantas Vaiciunas is addressing the issue in Latvia on Wednesday, reports LETA/BNS.
In 2016, the final electricity consumption in Lithuania totalled 10.47 kilowatt hours (or 10.47 terawatt hours, TWh). A record growth in the consumption was observed last year: residents, businesses, agriculture and transport used 4.5% more electricity compared to 2015. The growth rate in agriculture was as high as 8.4%, service sector 5.7%, residents 4.3%, and transport sector 4%. The lowest year-on-year growth rate (3.5%) was recorded in the industrial sector.
Electricity prices across the Baltic Sea region went down last week as demand for power declined due to improved weather conditions, Litgrid said LETA/BNS on Monday.
The Estonian Alexela Group failed to secure EU funding for its project to build a liquefied natural gas (LNG) terminal in Paldiski in last year's round of calls for energy proposals but plans to go ahead with the project and raise private capital if necessary, reports LETA/BNS.
According to data of the Estonian Renewable Energy Association, new renewable electricity capacity added last year totaled 42.19 megawatts or approximately as much as in three preceding years combined, and investments in renewable energy amounted to 70 mln euros.
International credit rating agency Moody's has once again affirmed the credit rating of Latvia’s Latvenergo power utility at Baa2, with a stable outlook, the company said in its statement to the Nasdaq Riga stock exchange.
The average price of electricity in Nord Pool Spot's Lithuanian bidding area declined by 27% over the past year to 36.9 euros per megawatt-hour in January. M-o-m, the price climbed 6%, Litgrid said on Wednesday.
The Estonian electricity distribution system operator Elektrilevi is planning to introduce a two-component network fee next year consisting of a permanent component and a volume based component.
The NordBalt power interconnection between Lithuania and Sweden is out of service again due to a cable fault, writes LETA/BNS.
The average price of electricity in Nord Pool Spot's Lithuanian bidding area rose by 12 percent last week from a week earlier to 40.9 euros per megawatt-hour as a cold snap boosted power demand, Litgrid said LETA/BNS on Monday.
he Astravyets nuclear power plant under construction in Belarus, not far from the border with Lithuania, is a serious project that preliminary meets the International Atomic Energy Agency's safety standards, one of the agency's heads said in an interview with LETA/BNS.
On Friday, six companies have registered in the Register of Natural Gas Suppliers, the Public Utilities Commission’s (SPRK) reported LETA.
The NordBalt power interconnection between Lithuania and Sweden is offline due to unknown reasons, reports LETA/BNS.