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2018 11 13
Market Options for Developing Flexible Local Power Generation Being Assessed

The Ministry of Energy is calling out to existing and potential market participants regarding the development of new electricity generating capacities. Market participants are being asked to provide information about plans to develop reliably available electricity generating capacities with a total output of more than 10 MW and an expected launch...

2018 11 07
Minister of Energy: the upcoming three or four years will see new opportunities for cooperation in the gas market

On November 6, Minister of Energy Žygimantas Vaičiūnas participated in the forum organised for the regional gas market, during which the prospects of Lithuanian-Polish cooperation were discussed. In his welcome speech, the Minister emphasized that after the major gas infrastructure projects, such as...

2018 10 24
Minister of Energy Žygimantas Vaičiūnas: LNG terminals bring strategic and economic benefits

On 22nd of October Minister of Energy Žygimantas Vaičiūnas attended the conference on energy security in Zagreb. At the bilateral meeting with President of Croatia Kolinda Grabar-Kitarović, energy security matters relevant for both countries and in particular the importance of LNG terminals in strengthening the energy...

2018 10 12
European power grid to be expanded to the Baltic States

The ENTSO-E (European Network of Transmission System Operators for Electricity) Regional Group Continental Europe has adopted a decision to expand the synchronous grid of Continental Europe to the Baltic States.

2018 10 12
Rules to prevent entry of Belarus electricity into the Lithuanian electricity market due to the threats from Astravyets NPP are being prepared

The Ministry of Energy submitted  for public coordination  amendments to the rules for trade in electricity and the description of the procedure of electricity import and export.

2018 09 21
Visit of the Minister of Energy in Tokyo: renewable energy, closure of Ignalina NPP and energy security

On 18–20 September, Minister of Energy Žygimantas Vaičiūnas visited Tokyo (Japan), where he met representatives of the Government and ministers and heads of the largest energy corporations to discuss possibilities and prospects for cooperation in energy sector.

2018 09 18
Minister of Energy: It is of particular importance for us, that the EU contribution to decommissioning of the Ignalina NPP remains stable and adequate

On the 17th of September Rebecca Harms, the appointed rapporteur of the European Parliament’s (EP) Committee on Industry, Research and Energy (ITRE), today (17 September), presented a draft ITRE report suggesting to allocate EUR 780 million in the next...

2018 09 17
The door for launching synchronisation of the Baltic States was officially opened in Brussels

Today (14th of September) the technical scenario of synchronisation of the Baltic States’ electricity network with the continental European network was approved in Brussels and the green light was given to the Polish and Baltic States’ transmission system operators for submitting application to the ENTSO-E for the extension of...

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2018 08 15
Government to Consider a New Model for Development of Renewable Energy

On 10 August, the Ministry of Energy submitted a draft Law on Energy from Renewable Sources (RES) to the Government whereby a new support model is suggested for encouraging power plants to generate energy from RES. This will enable further development of renewable energy which is one of the key goals of the national strategy on energy.

2018 08 01
Klaipėdos Nafta has increased its loading volume and income

The first half of this year was financially successful for KN (AB „Klaipėdos nafta“) – the operator of oil products and liquefied natural gas (LNG) terminals. The preliminary data says that the company has earned EUR 52.4 million, and its net profit reached EUR 10.2 million – an increase of 38% if compared to the same period of the last year.

2018 07 04
Minister of Energy Žygimantas Vaičiūnas: Belarus Must Ensure Nuclear Safety not on Paper, but by Implementing all of the Recommendations in Practice

On the 4th of July the European Commission (EC) published the Astravets Nuclear Power Plant (hereinafter – Astravets NPP) stress test report. According to Minister of Energy Žygimantas Vaičiūnas, Belarus must rectify all deviations from international and...

2018 06 22
Seimas Approves Progressive and Innovative Lithuanian Energy Strategy

On the 21 st June, the Seimas approved the revised National Energy Independence Strategy (hereinafter – the Strategy). The Strategy provides for four main directions of Lithuanian energy policy – energy security, the development of green energy, efficient energy consumption, and competitiveness and innovation.

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