The Lithuanian Energy Minister Dainius Kreivys signed an agreement between the US Department of Energy and the Lithuanian Ministry of Energy as Lithuania aims to achieve energy security and make its energy sector climate-neutral. According to the Energy Ministry, it’s the first memorandum of this kind, signed between the American and Lithuanian institutions in charge…
European power grid network ENTSO-E would connect to the Baltic States’ grids within 24 hours if the three countries were disconnected by Russia, the Lithuanian power grid operator Litgrid said. “If Russia disconnects us, even today, we would be ready,” Litgrid CEO Rokas Masiulis told a news conference on July 13. When asked whether a…
A solar power plant has been installed in central Georgia’s Gori municipality to provide free-of-charge electricity to internally displaced persons in two villages in Georgia, with Lithuania’s Environment Ministry funding the initiative. Local media reports said the plant was expected to provide “free, ecologically clean and safe” electricity for families displaced from Georgia’s Russia-occupied regions,…
Lithuania’s state-owned energy group Ignitis said it was hit by “the biggest cyber attack in a decade” on July 9. Ignitis said it had experienced DDoS attacks, affecting the operation of its websites and digital services. However, the attacks were taken under control until noon the same day. “There were no recorded hacks into the…
A nuclear power plant could be on-line and functioning in northeastern Estonia a decade from now, according to one private sector nuclear energy firm. The plant would likely be the new small nuclear reactors (SMR) type, which are currently under development in other parts of the world – none are as yet on-line. While the…
Moldova will contract a loan worth 300 million euros on behalf of the European Bank for Reconstruction and Development (EBRD) for the implementation of the project titled “Security of Natural Gas Supply”. The parliament’s commission for economy, budget and finances on July 6 approved a report to the draft law for the ratification of the…
Energy will definitely remain expensive in the future, governor of the Bank of Latvia Martins Kazaks has said. “There is no reason to keep glancing hopefully at the past – it will not come back, last year’s snow has already melted, so to speak,” said Kazaks in regards to the rise of energy prices. He…