Today, the Government approved the Report on Synchronisation of the Electric Power System with the Continental European Network, which outlines project progress and the key work done in 2019.  A proposal was also approved to set up a government commission which will ensure project coordination at the highest level.

Today the National Energy Regulatory Council (NERC) has confirmed the winner of renewable energy auctions. The price premium to the electricity exchange price offered by the successful investor is EUR 0 per MWh. This means that the project will be developed without state support.

By making targeted investments into the Lithuanian gas infrastructure and its interconnection with neighbouring countries, the gas transmission to the Baltic States increased 2.6-fold last year if compared to 2018, and reached almost 6 TWh of gas. According to the Lithuanian gas transmission system operator Amber Grid, during this...

The Minister of Energy Žygimantas Vaičiūnas met the Director General of the International Atomic Energy Agency (IAEA) Rafael Grossi. The main purpose of the meeting w as to introduce the position of Lithuania regarding the threats caused by Astravyets nuclear power plant (Astravyets NPP) to the national security...

The Seimas approved granting the state guarantees of EUR 275 million value to the loan agreements between the Nordic Investment Bank and Klaipėda Liquefied natural gas (LNG) terminal operator Klaipėdos nafta AB inten d ed for acquisition of a LNG storage vessel and...

Today (5 December), Minister of Energy Žygimantas Vaičiūnas is in Paris to attend the International Energy Agency (IEA) Ministerial Meeting that is held every two years. Lithuania’s accession to this prestigious energy organisation was discussed during a meeting with IEA Executive Director Fatih Birol.

On 3-4 December, Minister of Energy Žygimantas Vaičiūnas was in Brussels, where, during a meeting with the new Commissioner for Energy Kadri Simson, and a meeting of the Energy Council, he set out Lithuania’s requirements concerning implementation of the recommendations made during the Astravets NPP stress tests and European process oversight.

On 3 December, the heads of the Lithuanian and Polish transmission system operators have signed an agreement for EUR 10 million in EU support for the Harmony Link submarine power interconnection. EUR 4 million has been allocated to Lithuania under this agreement.

On 4 December, Minister of Energy Žygimantas Vaičiūnas attended a meeting of the Transport, Telecommunications and Energy Council in Brussels, where the energy priorities of the new European Commission and national energy and climate plans were discussed.

On Friday, oil and LNG terminal operator KN entered into a strategic partnership agreement with Polish Oil and Gas Company PGNiG, for which LNG reloading station capacity has been reserved for five years. PGNiG will start commercial operation of the LNG reloading station from April 2020.

On 26 November, Minister of Energy Žygimantas Vaičiūnas attended WindEurope Offshore 2019, the largest wind power conference and exhibition in Europe that is being held this year in Copenhagen (Denmark). During the event and in meetings with the largest wind energy companies in Europe, the minister presented the...

Minister of Energy Žygimantas Vaičiūnas met with representatives from the Keidanren Japan Business Federation, which unites over 1,600 Japanese industrial companies. During the meeting, Lithuania’s strategic energy projects were presented, and opportunities for cooperation with Japan in their implementation were...