Electricity

Lithuania's electricity prices are falling fast with rising electricity producer competition in the Baltic region. To read this article, try a €5.99 monthly subscription by clicking here.

The fifth annual Traditional and Renewable Energy Forum will take place on May 10 in Vilnius.

The electricity interconnection between Lithuania and Sweden Nordbalt is back online after a malfunction shut it down last week.

NordBalt electricity connection with Sweden has been fixed. However, there is no information on when the connection will resume the supply of electricity.

As Swedish experts continue to look for the causes of a malfunction on the NordBalt interconnection between Sweden and Lithuania, electricity prices have reacted by jumping upwards.

Lithuania is planning to spend €10 million in 2017 on developing infrastructure for electric cars. Seventeen new charging stations are planned to be installed on highways across the country in addition 150 in cities and towns.