Minister of Energy invites Poland to participate in the Baltic electricity and gas markets

Date

2020 07 15

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Yesterday in Warsaw, Minister of Energy Žygimantas Vaičiūnas met with Poland’s Minister of Climate Michał Kurtyka, who is responsible for energy, and discussed progress in the synchronisation of the Baltic States with the synchronous grid of Continental Europe as well as implementation of the Harmony Link power interconnection between Lithuania and Poland and the Gas Interconnection Poland–Lithuania (GIPL).

On the eve of the commemoration of the Battle of Grunwald, pleasure was expressed regarding the current energy cooperation between Lithuania and Poland, which is more close and intense than ever. The meeting emphasised the importance of the implementation agreement signed in late May between the Lithuanian and Polish electricity transmission system operators for the construction of the Harmony Link interconnection. This agreement allows for the continued smooth implementation of the most important project for the synchronisation of the Baltic States. At present, an engineering design company has already been selected ahead of schedule, and the procurement process for the company that will carry out the seabed survey is planned to be completed by autumn. It was stressed at the meeting that it is now critical to secure EU funding for this project; therefore, all bilateral and Baltic efforts must be geared to achieving this goal, so that the European Commission’s decisions this autumn meet our expectations.

The Minister of Energy, accentuating the progress in the implementation of joint energy infrastructure projects, invited Poland to actively participate in the Baltic electricity and gas markets.

“The integration of the Lithuanian and Polish energy systems through the energy infrastructure projects that are currently being implemented is creating opportunities for Polish energy market participants to participate in the Baltic electricity and gas markets as well. I have no doubt that the participation of the Polish exchange operator and specific companies in the Baltic electricity and gas markets would contribute to the achievement of key strategic goals – first and foremost, reducing dependence on electricity imports from the East, as well as greater competition in the gas market and the most efficient use of the GIPL which is currently under construction,” emphasised Minister Vaičiūnas, inviting the Polish minister to accentuate these new opportunities for Lithuanian-Polish cooperation to the Polish operator TGE.

At the meeting, Mr Vaičiūnas underlined that the synchronisation project is the most effective protection against electricity flow from the East, and that the participation of Polish companies in the Baltic electricity market would contribute to reducing this flow until completion of the synchronisation project in 2025, so it is already important now for Polish companies to look for different ways and forms of participating in the Baltic electricity and gas market.

Mr Vaičiūnas thanked Poland for strengthening bilateral cooperation not only in the field of electricity, but in the field of gas as well. The participation of the Polish company PGNiG in operating the liquefied natural gas (LNG) reloading station in Klaipėda is one of the most relevant examples of this cooperation – starting in April this year, this LNG reloading station in Klaipėda was leased to the Polish company PGNiG for a period of five years.

Other bilateral co-operation initiatives were also discussed at the meeting of the Lithuanian and Polish ministers responsible for energy, including renewable energy cooperation in both solar and wind energy projects, the development of infrastructure important for the expansion of electric cars, and other issues that will help the countries achieve their 2030 renewable energy targets.

Yesterday and today, Minister of Energy Žygimantas Vaičiūnas is in Poland with a delegation led by the Prime Minister, where he is participating in meetings as well as events commemorating the 610th anniversary of the Battle of Grunwald.