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2019 03 15
Agreement signed on a Feasibility study for the electricity generation project

The Ministry of Energy, US company NET Power and energy innovation company 8 Rivers Capital have signed a Memorandum of Understanding on a feasibility study for a zero-emissions power generation project. This study will thoroughly evaluate all the technical and economic aspects of a zero-emissions 300 MW gas power plant. 

2019 03 15
US Focus on Central and Eastern European Energy Projects

Minister of Energy Žygimantas Vaičiūnas is participating in the first ministerial forum for transatlantic energy cooperation taking place in Houston (USA) on March 13–15. The objective of the forum, which is being held on the initiative of US Energy Secretary Rick Perry, is to increase support from the US government and private companies for energy projects in Central and...

2019 03 06
Strategic EU Objectives in the Areas of Climate Change and Energy Discussed in the Transport, Telecommunications and Energy Council

On 4th of March, Minister of Energy Žygimantas Vaičiūnas took part in a meeting of the EU Transport, Telecommunications and Energy Council (the TTE Council), where the ministers discussed tackling climate change and relevant issues of the energy sector.

2019 03 04
Luxembourg and Lithuania to implement an agreement on cooperation in renewable energy

While implementing a bilateral agreement between Luxembourg and Lithuania on cooperation in renewable energy, Lithuania transfers to Luxembourg a share of renewable energy statistics for a consideration of over EUR 8 million.

2019 02 08
Energy ministry invites you to submit proposals on the long-term capacity mechanism concept

On February 5, a public discussion was held at the Ministry of Energy, during which the capacity mechanism concept was presented. This was the first stage of public consultation with stakeholders - until February 19, the ministry is waiting for proposals and comments from stakeholders. The collected information will be evaluated,...

2019 02 01
Ministry of Energy will Present the Concepts for a Long-Term Capacity Mechanism and Ancillary Services in Lithuania

On February 5, the Ministry of Energy will be holding a public discussion during which the concepts for a long-term capacity mechanism and ancillary services will be presented. This is the first stage of public consultations with stakeholders; the comments and suggestions received during the...

2019 01 23
European Commission funding for synchronisation: proof that this is an EU-wide project

On the 23rd of January the European Commission has allocated funding for synchronisation of the Baltic States' electricity grid with the continental European system. The funding will come from the Connecting Europe Facility and will amount to 323 million euros for the projects in all three Baltic states. 125 million euro of this sum will...

2019 01 18
European Parliament approval of funding for Ignalina NPP decommissioning demonstrates political strength and is of strategic importance

At the plenary session on 17 January,  the European Parliament (EP) approved the report on the draft Ignalina programme regulation, in which funding of EUR 780 million, the exact amount requested by Lithuania, is proposed to be allocated for the decommissioning of the...

2018 12 21
New Polish-Lithuanian submarine HVDC cable “Harmony Link” – Initial Cooperation Agreement signed

Today the Management Boards/CEO’s of Polish and Lithuanian Transmission System Operators, PSE and LITGRID, signed Initial Cooperation Agreement, being the commitment of both TSOs to undertake development activities in the Preparation Phase of the project of construction of new Polish-Lithuanian submarine HVDC cable....

2018 12 21
The Parliament approves of the new model of renewable energy development

On 20 th  of December, the Seimas approved the amendments to the Law on Energy from Renewable Sources, establishing a new support model for the promotion of power plants that use renewable energy sources (RES). Transparent, open and technologically neutral auctions will be held for this purpose.

2018 12 18
Lithuanian Parliament approves of the acquisition of the LNG-FSRU vessel

On the 18th of December, Lithuanian Parliament has approved the amendments of laws initiated by the Ministry of Energy, which will allow to reduce the annual costs of the liquefied natural gas (LNG) terminal as soon as next year.

2018 11 27
Capacity mechanism concept is being created for the development of local power generation

The Ministry of Energy has taken practical steps in implementing the National Energy Independence Strategy (hereinafter referred to as the ‘Strategy’) while starting development of capacity mechanism concept. 

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