Norteo, a firm linked with Energy Minister Dainius Kreivys, pulled out as a shareholder of electricity and gas supplier Ignitis Group in March 2023, the LRT public broadcaster has said on its website.
Energy Minister
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All four battery storage parks with a combined capacity of 200 MW in Lithuania become officially operational on Wednesday, a key step towards increasing energy independence from Russia, the energy minister says.
Lithuanian, Latvian and Estonian Prime Ministers Ingrida Šimonytė, Krišjānis Kariņš and Kaja Kallas have signed a joint declaration committing to synchronising Baltic electricity networks with the European grid in February 2025 at the latest.
The procedure for appointing outgoing Energy Minister Zygimantas Vaiciunas as Lithuania's consul general in Los Angeles is stalling at the Foreign Ministry, well-informed sources have confirmed to BNS.
Lithuania's outgoing Energy Minister Zygimantas Vaiciunas is seeking to become the country's consul general in Los Angeles, well-informed sources told BNS on Friday.
Moscow's call on Lithuania to review a new draft methodology for electricity trade between the three Baltic countries and Russia shows that the Baltic states are taking the right steps, Lithuanian Energy Minister Zygimantas Vaiciunas said.
The Baltic states' joint boycott of electricity from the Astravyets nuclear power plant will cost Belarus "hundreds of millions of euros" in lost revenue annually, Lithuanian Energy Minister Zygimantas Vaiciunas has said.
Lithuania has no official information on the Astravyets nuclear power plant's planned launch on Friday, the chairman of the parliamentary Committee on National Security and Defense and the energy minister say.
VILNIUS, May 07, BNS - Ukraine has promised not to purchase electricity from the Astravyets nuclear power plant under construction near Belarus' border with Lithuania, Energy Minister Zygimantas Vaiciunas said.
Lithuania expects that the three Baltic countries will soon sign an agreement to block market access for electricity generated by Belarus' Astravyets nuclear power plant by 2026, when their grids are planned to be synchronized with the Continental European system.
The safety of the Astravyets nuclear power plant should be a priority for the International Atomic Energy Agency (IAEA), Lithuanian Energy Minister Zygimantas Vaiciunas said on Thursday after meeting with the IAEA's new director general Rafael Mariano Grossi on Vienna.
Energy Minister Zygimantas Vaiciunas described on Friday Klaipedos Nafta's strategic partnership agreement with Poland's state-owned gas company PGNiG as another milestone on the road to Lithuania's energy independence.
Electricity prices for households in Lithuania are set to rise by around 15 percent on average next January.
Energy Minister Zygimantas Vaiciunas says Lithuania will take all possible measures to bar market access for electricity from Belarus' Astravyets Nuclear Power Plant.
The EU General Court on Thursday rejected an appeal by Achema, a Lithuanian fertilizer producer which is part of the Achema business group, over state aid for the Klaipeda-based LNG terminal.
Lithuania plans to hold one renewable energy auction every year in 2020–2022, and each of it will distribute 0.7 TWh of electricity.
A comprehensive action plan for the planned synchronization of Lithuania's electricity system with that of Continental Europe has been submitted to the Cabinet for discussion, the Energy Ministry said on Thursday.
