Lithuania: consumers to be partially compensated after electricity supplier shuts down

The Lithuanian government will provide partial compensation to customers of Perlas Energija, an independent electricity supplier, after its announcement of the suspension of operations, Energy Minister Danius Kreivys has said. “Perlas Energija consumers from the first and second electricity market liberalisation phase can choose another electricity supplier, and they should do it until September 1,”…

Lithuania: two power plants switched on following electricity shortage in Baltic States

Following the electricity shortage on the Baltic electricity exchange on August 16, the Lithuanian power grid operator Litgrid activated additional reserves, with the Panevezys and Elektrenai power plants starting to generate electricity on August 17. “Litgrid activated the Panevezys power plant from its cold state, as well as the additional reserve capacity in the combined…

Lithuania: giving up nuclear energy a mistake

Lithuania’s decision to give up nuclear energy “was a big mistake”, the country’s Energy Minister Dainius Kreivys said on August 16. Closing the Ignalina nuclear power plant in northeastern Lithuania “was a mistake made by all of us”, Kreivys told a joint meeting of the parliamentary Committee on Economic Affairs and the Commission for Energy…

Ukraine: Energoatom generates 55.4% of total electricity output in H1 2022

In January-June, Energoatom National Nuclear Energy Generating Company of Ukraine generated over 34.3 billion kilowatt-hours of electricity, or 55.4% of the country’s total electricity output. The relevant statement was made by the company’s press service. “In the first half of 2022, Energoatom generated over 34.3 billion kilowatt-hours of electricity, or 55.4% of the country’s total…

Ukraine: extra funding of EUR 10 million for energy efficiency measures to be received

Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna has signed an additional agreement with the European Union on financing the EU Energy Efficiency Support Program for Ukraine – EE4U, aimed at increasing funding for the Energy Efficiency Fund. “This involves a three-year extension of the program until 2028 and an increase…