Compensating businesses for rising electricity and gas costs would put an unbearable burden on the country’s budget, Lithuanian Finance Minister Gintare Skaiste has said, adding that the majority of the European Union countries are only providing support for households. “At present, the majority of countries provide support only to households since businesses consume both electricity…
The International Atomic Energy Agency (IAEA) has confirmed that a back-up power line needed for cooling has been restored at the Zaporizhzhia Nuclear Power Plant. “A back-up power line to Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) has been restored, providing the plant with the external electricity it needs for reactor cooling and other safety functions,”…
Estonian renewables generator Enefit Green is in the process of developing a wind farm in Lithuania, which will be the largest the company operates, and is scheduled to start production in April 2023. Enefit Green is a subsidiary of state electricity generator Eesti Energia. The 75 MW development is under construction in Akmene, in northern…
More and more citizens have started to install renewable energy systems, the most popular of which are photovoltaic panels. The government and the parliament have recently simplified the connection of installations of this kind to the national electricity system, in the case of own consumption, reducing the connection terms, the government’s communication and protocol department…
As energy prices continued to rise, the Lithuanian government unveiled new crisis measures on September 7. As presented by Finance Minister Gintare Skaiste, one of the planned measures is the extension of the VAT relief for central heating. The zero-VAT rate is now planned for two heating seasons: from October this year until the end…
The Lithuanian Energy Ministry expects its energy saving plan to help the country save 800 million euros and 20% in energy use over two years, Energy Minister Dainius Kreivys has said. Some 100 million euros should be saved by the public sector, 300 million euros by businesses and 400 million euros by households. The plan…
Mateusz Morawiecki, the prime minister of Poland, has said that the government, in the near future, will offer a special energy package to at least several hundred enterprises with high energy consumption. Morawiecki, speaking at the 31st Economic Forum in Poland’s mountain resort of Karpacz on September 7, said: “This is the moment when we…