No Picture
CORPORATE

NSGK investigation reveals how Russia’s tethers penetrated into Lithuania: seemingly irreconcilable enemies united

What do the companies Arvi, MG Baltic, part of the so-called officials and Russia‘s aims to penetrate Lithuania’s energy system have in common? The conclusions of the Seimas National Security and Defence Committee (NSGK) investigation […]

Kruonis hydroelectric power plant
Foreign affairs

Lithuanian ministry drafts plan for blocking power from Belarus’ N-plant (Updated)

As part of efforts to force Belarus to ensure that its Astravyets nuclear plant is built safely and according to international standards, Lithuania’s authorities plan to restrict the transmission capacity for electricity from Belarus and to impose a transmission charge on power imports from it, as well as to ban the Kruonis Pumped Storage Plant from providing services to the neighboring country. […]

Alstom
CORPORATE

International scandal: bribes that are worth millions are sinking Lithuania‘s officials and politicians

Influential Lithuanian politicians are sinking in one of the largest scandals of international corruption alongside essential political parties and directors of state corporations. An investigation conducted in several countries not only reveals multimillion bribes given […]

Viktoras Pranckietis
Politics

Lithuania didn’t demand choice of another location for Astravyets N-plant – Seimas speaker

Lithuania did not contribute to the choice of a different location for the Astravyets Nuclear Power Plant (NPP), which is being built in Belarus close to the Lithuanian border, says Parliamentary Speaker Viktoras Pranckietis, adding that the only thing the country can do now to stop the project is to restrict access of the plant’s electricity to the Lithuanian market. […]

LitPol Link
Energy

Electricity consumption highest in a quarter of a century

In 2016, the final electricity consumption in Lithuania totalled 10.47 kilowatt hours (or 10.47 terawatt hours, TWh). A record growth in the consumption was observed last year: residents, businesses, agriculture and transport used 4.5% more electricity compared to 2015. The growth rate in agriculture was as high as 8.4%, service sector 5.7%, residents 4.3%, and transport sector 4%. The lowest year-on-year growth rate (3.5%) was recorded in the industrial sector, Litgrid press office reported. […]