„Litgrid“: higher import flows and increased wind generation reduced electricity price
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.
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.
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…
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”.
The Swedish government announced on Thursday that it has approved two offshore wind farms, but the companies implementing the projects warned that to carry them out, it will be necessary…
Polish energy giant “Orlen”‘s wind farm built in the Baltic Sea has delivered the first electricity generated there to the country’s power grid, the company reported.
The Seimas Audit Committee decided on Wednesday to request the General Prosecutor’s Office to evaluate the State Control report on the implementation of the first phase of the billion-euro “Ignitis Group”…