Last weekend Lithuania imported nearly 90 percent of electricity

Thursday, 29 October 2015

On 19-25 October, the average electricity price in Nord Pool Spot power market Lithuanian trading zone stood at EUR 51.36 per megawatt hour (MWh). The price dropped by 30 percent compared with the previous week. It was higher by nearly 9 percent compared with the same period of 2014.

Last week Lithuania imported 79 percent of electricity it consumed, by a tenth more than in the previous week. 52 percent of electricity was imported from the Nordic countries and 48 percent from third countries.

Compared with the last week, Kruonis Pumped Storage Plant generated by 88 percent more power. However, the supply by Lithuanian electricity producers decreased and this resulted in rather high market prices.

The average electricity price in Nord Pool Spot system increased from EUR 23 to EUR 26 per MWh.

On 19-25 October, international Latvia-Estonia interconnection capacity was used at 98 percent on average, Lithuania-Latvia - at 54 percent and Lithuania-Belarus - at 58 percent.

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