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. ...

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.

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.

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. 

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 ...

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 ...

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 ...

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.

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.

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 ...

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 ...

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.