Despite the unfavourable natural conditions and market unpredictability, last year Lietuvos Energijos Gamyba, a part of Lietuvos Energija group, managed to maintain decent financial performance indicators and provide reliable power regulation and reserve services, a press release from the group stat...
Kruonis Hydro Pumped Storage Plant
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Experimental floating photovoltaic solar power plant project in Kruonis pumped storage hydroelectric power plant (PSHP), developed by Lithuanian state-owned enterprise Lietuvos Energijos Gamyba has received funding from the Lithuanian Business Support Agency (LBSA). The total amount of 235k EUR have...
Commenting on Minsk's statement that negotiations are underway with neighbors on the supply of electricity from its yet-to-be-finished Astravyets Nuclear Power Plant, the Lithuanian Energy Ministry reiterated on Wednesday that it is not holding any talks with Belarus and that a law bans selling powe...
The Lithuanian government endorsed on Wednesday an action plan for blocking electricity imports from Belarus' Astravyets nuclear power and thus hampering the project.
As part of efforts to force Belarus to ensure that its Astravyets nuclear plant is built safely and according to international standards, Lithuania's authorities plan to restrict the transmission capacity for electricity from Belarus and to impose a transmission charge on power imports from it, as w...
One of the most important preparation steps towards synchronisation – the Baltic power system isolated operation test will take place in 2019. This August, the study determining technical conditions for the test as well as preparatory measures, was completed.
Russia's nuclear energy giant Rosatom, which is building the Astravyets nuclear power plant in Belarus, had plans to gain a foothold in Lithuania, according to declassified material provided by the State Security Department to the parliament's Committee on National Security and Defence.
Lithuania did not contribute to the choice of a different location for the Astravyets Nuclear Power Plant (NPP), which is being built in Belarus close to the Lithuanian border, says Parliamentary Speaker Viktoras Pranckietis, adding that the only thing the country can do now to stop the project is t...
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 agricultur...