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,…
In July, the electricity price on the exchange dropped by 20%, with the average monthly megawatt-hour price reaching 75.63 euros. Although, compared to June, it was a cheaper month, Lithuanians paid…
Last week, due to increased import flows from Sweden and growing wind generation in the Nordic countries, electricity prices in Lithuania decreased by a quarter.
Companies delaying a decision on electricity price fixing may incur hundreds of thousands of euros in additional costs. This trend is shown by “Elektrum Lietuva” this year for business…
The National Energy Regulatory Council (VERT) has provided consumers with more opportunities to assess electricity costs by expanding the features in the electricity price comparison calculator….
With a decrease in wind production, the average wholesale electricity price increased by 17% last week, but for the fifth consecutive week in Lithuania, it was lower than in Sweden, reported “Litgrid”.
President Gitanas Nausėda proposes to the Seimas to allow companies that consume a lot of electricity to pay less for it and to repay the debt later, when Lithuania will supply itself with all the electricity.
