Posts tagged as energy

Lithuania sets records in speed and scope of energy transition

Tuesday, June 8, 2021

While EU governments are still debating whether they need new pipelines or can get off the natural gas tap, Lithuania has been transforming its heat supply at record speed to be able to use domestic biomass. Leaving the era of its energy dependence on Russia behind, the country is upgrading its networks and eying new possibilities with solar and heat pumps. Stelmuze is all about wood. This little village in…

Three Seas Parliamentary Forum takes place

Thursday, June 3, 2021

The First Three Seas Parliamentary Forum, where the Speakers of the Parliaments of the Three Seas Initiaitive ( 3SI ) countries will discuss in virtual format the topics of energy, transport, and digital sector infrastructure, will be held June 3 with Latvia participating in the form of Saeima speaker Ināra Mūrniece. Host of the Forum and President of the Riigikogu (Parliament of Estonia) Jüri Ratas said: “Cross-border cooperation is essential for achieving the 3SI…

Lithuania is well placed to lead on clean energy and energy security

Wednesday, April 28, 2021

Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. Lithuania is seeking membership of the IEA, which conducted the in-depth review of the country’s energy policies as part of the accession process. The review found…

Lithuania supports subsidizing renewable energy projects in Georgia

Monday, March 22, 2021

Numerous Lithuanian institutions took part in the development cooperation activities with Georgia, the Ministry of Foreign Affairs (MFA) of the Republic of Lithuania told Trend . “Over 0.5 million euros were allocated for development cooperation with Georgia in 2019,” the ministry said. According to the source, majority of the support was provided by the Ministry of Environment to subside renewable energy projects in Georgia. “Lithuania supports Georgia by strengthening its…

Despite ban, Lithuania consumed €4m of Belarusian nuclear energy

Thursday, February 4, 2021

Lithuania has banned the import of electricity from Belarus in protest against a new nuclear power plant near the border. Nevertheless, negotiations are underway with Latvia and Estonia on the effective implementation of the ban. Despite Lithuania’s resolve to ban Belarusian electricity from its grid, the country’s has consumed 4-million-euro-worth of power from the Astravyets nuclear plant over the last 10 days, Energy Minister Dainius Kreivys says. Belarusian electricity is…

Baltic states take major step towards full energy independence

Wednesday, December 16, 2020

The largest ever grant from Brussels should allow the three Baltic states to gain full control of their electricity networks by 2025 and complete their transition away from Russian infrastructure. Emerging Europe, partners of LRT English, report. The European Union has agreed to provide Poland and the Baltic states with a grant worth 719.7 million euros to carry out phase two of a project to link the electricity networks of…

Renewable energy consumption growing in Latvia

Monday, September 7, 2020

Data published September 7 by Central Statistical Bureau show that during the last ten years, consumption of renewable energy resources increased by more than 44%. Data show that in 2019 gross consumption of renewable energy sources (RES) in Latvia amounted to 69.9 petajoules (PJ). During the five years (2015–2019) consumption RES of has risen by 17.6 %. Reduction in the consumption of RES was influenced by the drop in the volume of energy…

First energy efficiency program made for residential housing

Tuesday, July 28, 2020

On Tuesday, July 28, the government approved a new aid scheme for households, providing portfolio guarantees for commercial bank loans to improve the energy efficiency of private houses, according to Economics Ministry (EM). Portfolio guarantees are expected to be available from the fourth quarter of 2020. Until now, commercial banks have not offered products to improve the energy efficiency of private houses, as owners may have difficulties with ensuring sufficient…

Lithuania: Consumer platform for purchasing solar energy in remote PV plants

Thursday, April 2, 2020

Lithuanian companies launched a online consumer platform where everyone can purchase a part of remote solar plant. New legislation in the country, changing consumer needs and growing demand for solar energy inspired a project called “Solar Community” (Lith. “Saulės bendruomenė”). Andrius Terskovas, Managing Partner and Chief Business Development Officer of Sun Investment Group – the company behind the project – explains how this model can benefit individual consumers, and help…

No luck with Ukraine for Russia, now it’s Belarus’ turn: how energy can threaten a nation’s sovereignty

By Zintis Znotiņš on Monday, March 2, 2020

For Russia, the role of energy resources has always been dual, i.e. economic and political. In addition, both of these often go hand in hand, only the emphasis changes. Initially, the delivery of energy resources for other countries is viewed through the political prism – as a sign of sheer goodwill. As time passes, this is subject to change, particularly in cases when the country in question ceases to move…