The Lithuanian government is discussing a package of measures that will include covering part of heating bills and setting maximum electricity and gas prices, Mykolas Majauskas, chairman of the parliamentary Committee on Budget and Finance, said on September 6. The package will also include business support measures, which are now being coordinated, according to Majauskas.…
Lithuania’s Energy Ministry is unveiling an energy-saving plan on September 7, which will include proposals to reduce speed on motorways, as well as limit heating and cooling in buildings. The plan, which will be presented to the Cabinet later that day, will include lowering indoor temperatures to 19 degrees C during the heating season, limiting…
The Incukalns gas storage facility in Latvia – the only one of its kind in the Baltic States – is emptying, and is currently less than 50% full. Gas storage facilities in Europe are currently around 80% full, while the Incukalns facility has dropped to 49.7% of its capacity. “The whole Baltic region and Finland…
The European Network of Transmission System Operators (ENTSO-E) has increased the available cross-border capacity for Ukraine’s electricity exports towards the EU to 300 megawatts. Such capacities will be available to Ukrainian exporters during peak consumption hours. The relevant decision was made by the Transmission System Operators (TSOs) of Continental Europe at a meeting of the…
Using fuel oil, or mazut, for district heating in Vilnius during the coming winter season will help keep heating bills for households down, according to Mayor Remigijus Simasius. “We can see that prices for all energy resources are absurdly high. This is affecting us in Vilnius just as much as anywhere else. It’s just that…
Even if the Zaporizhia NPP is inoperable throughout winter, Ukraine has capacities to go through this heating season without it, Vadym Denysenko, the advisor to the Minister of Internal Affairs, executive chief of the Ukrainian Institute of the Future, has said. “We have to understand: even if the station doesn’t work in winter, we have…
Lithuanian President Gitanas Nauseda said that he would rather see the government subsidise energy costs than raise defence spending to 3% of GDP in 2023, if there were not enough money for both. “We must set our priorities very clearly: if our financial and macroeconomic situation allows it, I’d say that both priorities should be…