After completing the scheduled annual maintenance work, the electricity connection with Sweden “NordBalt” was switched on, the electricity transmission system operator “Litgrid” announced on Tuesday.
Last week, due to increased natural gas prices in Europe and reduced trading capacities between the Baltic countries and Sweden, the electricity price in Lithuania rose by a third.
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…
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.
Last week, due to reduced wind production and increased export flows, the electricity price in Lithuania rose by about two-thirds.
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.
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”.
