ECB made a decision on interest rates
After raising interest rates in June, the Governing Council of the European Central Bank (ECB) decided on Thursday not to change any of the three main interest rates.
Energetika
Read Full News
Germany approved controversial French and Russian nuclear project
German officials on Wednesday announced they had given the green light to a controversial French-Russian nuclear project.
Rising oil prices significantly increased Norwegian oil company Equinor’s profit
Norwegian energy giant Equinor announced on Wednesday that rising hydrocarbon prices due to the war in the Middle East led to a sharp jump in profit in the three months to…
Government: an infrastructure development plan for the power line to Latvia will be prepared
The Government on Wednesday approved the Ministry of Energy’s proposal to initiate a 330 kilovolt (kV) electricity transmission line between Lithuania and Latvia’s engineering infrastructure…
Germany and Azerbaijan seek closer cooperation in the energy sector
German and Azerbaijani leaders on Tuesday expressed a desire to strengthen cooperation in the field of energy exports to Europe. Azerbaijani President Ilham Aliyev called for…
„Akola Group“ completed the construction of an 11 million euro biomethane plant in Šakiai district
One of the largest agricultural and food production groups in the Baltic States, “Akola group”, has completed the construction of a biomethane plant in Lukšiai, Šakiai district, and has started its production, according to the portal…
LEA support for heat pumps is being snapped up – additional phase starting August 3rd, you can save even up to 90 percent!
The Lithuanian Energy Agency (LEA) invites residents to submit applications for replacing polluting boilers with efficient heat generation equipment. The previous stages, which ended unexpectedly quickly…
Lukas Savickas is skeptical about the “Ignitis Group” offshore wind farm project
The new Minister of Energy Lukas Savickas states that the state-owned “Ignitis Group” has started developing the first commercial offshore wind farm with a capacity of 700 megawatts and a value of about 3 billion euros…
„Litgrid“: electricity price increased by 17% over the week due to decreased wind production
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”.
„Amber Grid“: international gas flows and domestic consumption both grew this year
In the first half of this year, the country’s gas transmission system operated more intensively than a year ago – both international gas flows and domestic gas consumption increased, reports…