Energy Minister Lukas Savickas stated that the storm that swept through at the end of August exposed a problem in our energy sector. According to L. Savickas, the Government is already prepared…
President Gitanas Nausėda stated that the competitiveness of Lithuanian business is becoming critically important, so he urges taking measures, including, for example, temporary electricity prices…
With the increase in wind power generation, the wholesale electricity price decreased by 12% last week, Litgrid reported on Monday.
In September, there is currently little reason to expect a decrease in wholesale electricity prices in Lithuania. The demand typical of the summer holiday season will be replaced by increasing electricity consumption, and the short…
In August, the electricity price on the exchange in Lithuania increased by about 6 percent and reached 80 euros per megawatt-hour. Experts predict that in September the price may jump by half, about 50 percent. Such…
Last week, due to increased solar power production and decreased prices in the Nordic countries, the electricity price in Lithuania dropped by a little more than one fifth.
Last week, due to reduced solar and wind power generation and high prices in neighboring countries, the electricity price in Lithuania increased by more than four fifths.
In Lithuania, as solar and wind power capacities rapidly grow, the need for electricity imports is decreasing, but the prices of fixed electricity plans offered to consumers are higher today…
Last week, due to reduced wind production and increased export flows, the electricity price in Lithuania rose by about two-thirds.
Following the June government order requiring independent electricity suppliers to terminate fixed-price contracts with vulnerable consumers if the electricity price exceeds the public tariff,…