Energy, EU – Baltic States, Lithuania

"The projects of electricity infrastructure are large-scale and of considerable importance to all members of the society, business and public. The interconnectors that are being built will ensure best use of advantages of a big electricity market, whereas development of the national transmission grid is important to future plans of local business and foreign investors. The electricity infrastructure is of vital important to all players in the economic structure, therefore we see it necessary to inform about its development properly", said Daivis Virbickas, TSO Litgrid CEO and Chairman of the Board.

A unique feature of the plan prepared this year is that a number of various possible scenarios for the development of the national energy system have been analyzed and presented. Different assumptions are made and analyzed: with Visaginas Nuclear Power Plant integrated into the system and without it, when Lithuania’s electricity system functions in different synchronous zones, if the situation remains as is, with all the interconnection projects completed.

"The estimated investment of more than three billion litas can be carried out over the coming ten years. This is a huge input into the economic welfare of the country as well as a real opportunity for businesses to earn money", noted Virbickas.

The plan of how the country's energy sector will change over the next ten years is prepared by forecasting the demand and production of electricity, modeling the situation in the electricity market, evaluating various transmission grid development projects and the future transmission grid model, and calculating and substantiating necessary investments. Every year, the updated plan is submitted to the National Control Commission for Prices and Energy, presented to the public and discussed with various stakeholders.

The plan for 2013-2022 includes 400 kV, 330 kV and 110 kV transmission lines, submarine power cable in the Baltic Sea, new transformer substations. The key strategic power projects – the NordBalt interconnection with Sweden and the LitPol Link electricity link with Poland – are planned to be completed by the end of 2015.

A complete map of the 2013-2022 Lithuanian power system will be presented at 12:00 tomorrow, October 10th, during a seminar which will be held at the Radisson Blue Hotel (Konstitucijos pr.20) conference centre.