Lithuania will receive energy from nuclear power plants under construction in Kaliningrad
2011 03 09

The Company will be able to supply up to 1000 megawatts during the period from 2017 till 2036.
The Latvian supplier of energy Inter RAO Lietuva has agreed with “Inter RAO EEC” concerning the power supply to the Baltic States and the neighbouring countries from the NPP “Baltijskaja” under construction in Kaliningrad, reported the press service of the company.
According to the agreement, Inter RAO Lietuva will be able to supply up to 1000 megawatt as from 2017 till 2036. Import volumes may be increased, if needed.
According to the words of Jonas Garbaravicius, the head of the company Scaent Baltic, which owns a small package of shares of Inter RAO Lietuva, this agreement increases the energy security in this region.
“Electricity from Russia is, of course, competitive on the market, however, we consider that introduction of the NPP “Baltijskaja” will neither hinder the construction of the Ignalina NPP, nor any other energy plans of other countries. Much greater concern is related with the receipt of primary energy sources and prices, which are rather sensitive to various geopolitical factors. I can’t see any other efficient alternative for thestabilization ofenergysecurityin ourcountry, as the development of renewableandnuclearenergy sources. Alongside with the development of power infrastructure it will help to limit prices on energy for the benefit of consumers”, - quoted the Baltic Course the words of Garbaravicius.
Material has been prepared by the Centre of Geopolitical Studies with reference to the article from «BFM.RU» of 07 03 2011 |