THE GOVERNMENT HAS AGREED TO THE ENERGY INDEPENDENCE STRATEGY
Today at its sitting, the Cabinet has agreed to the renewed National Strategy of Energy Independence, thereby setting key objectives for the Lithuanian energy sector for the period leading up to 2020 and outlining the vision of the energy sector up until 2050.
The major objective of the strategy is to ensure energy independence for Lithuania by 2020. Upon its implementation Lithuania will be free to choose the type of energy resources, as well as the sources of their distribution, which would best correspond to the State’s needs for energy security and ensure the most favourable costs of energy resources for consumers.
The strategy is a prerequisite for the implementation of key energy projects. Therefore it will be submitted to the Seimas together with other draft legal acts regulating the implementation of the strategic energy projects, namely, the Visaginas Nuclear Power Plant and the Liquefied Natural Gas Terminal.
GOVERNMENT APPROVES STRATEGIC GUIDELINES AND ACTION PLAN FOR SYNCHRONIZATION OF LITHUANIA’S POWER GRID WITH CONTINENTAL EUROPEAN NETWORK
The Government has authorized the Lithuanian electricity transmission system operator Litgrid to implement the project of the synchronization of Lithuania’s power grid with the Continental European Electricity Network by 2020. The synchronization of the country’s electricity system with the European network is the strategic objective of Lithuania's energy, as enshrined in both the current and the revised National Energy Strategy.
The power grid synchronization will enable our country to operate the system on the equal footing with the other operating Western European power systems. The Lithuanian energy infrastructure, the electricity market and grid management will be integrated into the Western European electricity system. This will result in moving over to the European standards of power grid management.
Having in its energy system the operating Visaginas nuclear power plant – an effective, modern and powerful source for electricity generation – Lithuania will be able to meet its domestic electricity demands and be fully integrated part of the European, rather than the Russian, network.
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