Litgrid announced that Lithuania experienced a 12% increase in electricity consumption during the first quarter of this year, alongside substantial growth in wind and solar energy generation.
The Lithuanian energy company Litgrid has decided to discontinue housing rental compensation for approximately 30 Ukrainian families residing in Lithuania who arrived after the war began.
Lithuanian electricity transmission system operator Litgrid has completed the project to connect the Drūkšiai transformer substation to the transmission network, a development crucial for the Ignalina Nuclear Power Plant (IAE) infrastructure.
While electricity prices rose across Europe in March due to increasing natural gas costs, Lithuania experienced a 47% decrease in its average wholesale electricity price, reaching 82 euros per megawatt-hour.
Lithuania's average wholesale electricity price decreased by 22% to 64 euros per megawatt-hour last week, attributed to a significant increase in wind power generation, according to electricity transmission system operator Litgrid.
Lithuanian electricity transmission system operator Litgrid announced plans to build a new 110 kilovolt (kV) power transmission line connecting Oro uostas and Kuprioniškės.
Electricity prices in Lithuania dropped by 59% to 49 euros per megawatt-hour last week, reaching their lowest point since early August last year, attributed to a significant increase in wind power generation.
Lithuanian electricity transmission system operator Litgrid has completed the 2.3 million euro reconstruction of the 110-kilovolt switchyard at the Subačius transformer substation in the Kupiškis district.
Lithuanian electricity transmission system operator Litgrid announced that the unused portion of the LitPol Link interconnection will be restructured following its synchronization with continental European networks.
Last year, wind power plants in Lithuania supplied 33% of the country's electricity consumption, positioning Lithuania as second in Europe for this metric, according to data from Litgrid and European wind power producers.
Lithuanian electricity transmission system operator Litgrid reported a 30% decrease in net profit to €34.2 million last year, while gas transmission system operator Amber Grid's net profit fell by 84% to €1.3 million compared to 2024.
Global energy prices, including oil, gas, and electricity, have experienced recent increases. Oil prices notably surged, with reports linking the spike to escalating violence and tensions in the Strait of Hormuz.
The average wholesale electricity price in Lithuania increased by 62% to 86 euros per megawatt-hour last week, attributed to reduced wind and hydropower generation and the lowest electricity demand this year.
Lithuanian power transmission system operator Litgrid has increased the capacity of the LitPol Link interconnection for electricity export to Poland, reaching 230 megawatts. This marks the implementation of initial measures to boost cross-border electricity trading capacity.
Lithuania's installed capacity for wind and solar power, connected to its electricity transmission and distribution networks, has reached 6 GW, according to data from Litgrid. This milestone reflects the growth of renewable energy sources since the beginning of the year.
Litgrid, Lithuania's electricity transmission system operator, reported an 11.6% increase in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) last year, reaching 53 million euros.
Lithuanian electricity transmission system operator Litgrid has connected its third commercial battery storage system, a 30 megawatt and 67.7 megawatt-hour battery park developed by Tausolos saulė in Telšiai district.
Lithuanian electricity transmission system operator Litgrid has signed a 184,000 euro contract with Tetas for the design of a controlled shunt reactor connection at the Darbėnai substation in Western Lithuania.
Electricity prices in Lithuania increased by 2% in February, reaching 155 euros per megawatt-hour, attributed to persistent cold weather and reduced local production, according to Litgrid.
According to Litgrid, the average wholesale electricity price in Lithuania decreased by a fifth last week, attributed to significantly reduced electricity consumption and consistently high wind power generation.
Rokas Masiulis, former CEO of Litgrid, has been named the most effective communicator among Lithuanian company executives in 2025, according to a media monitoring and analysis company.
Lithuania's electricity transmission system operator, Litgrid, announced plans to reconstruct the 110 kilovolt (kV) switchgear at the Jačioniai transformer substation in Vilnius.
According to Litgrid, Lithuania's electricity transmission system operator, the average wholesale electricity price decreased by 28% last week following a surge in wind power generation across the country.
Lithuania's electricity transmission system operator, Litgrid, announced that last week saw both the lowest and highest wholesale electricity prices of the year in the country, with the average weekly price increasing by 15%.
The Lithuanian State Energy Regulatory Council (VERT) fined the transmission system operator "Litgrid" 21,500 euros for offering an amount of electricity in the wholesale market in 2022 that it could not actually ensure.
Lithuania's electricity transmission system operator, Litgrid, has preliminarily reserved 1.7 gigawatts (GW) of capacity for solar and wind power plants and energy storage facilities.
Lithuanian electricity transmission system operator Litgrid, in collaboration with the new energy group EPSO-G, has launched a flexibility services calculator. This tool will help market participants assess the potential of devices providing flexibility services.
Praėjusią savaitę dėl pabrangusių gamtinių dujų vidutinė didmeninė elektros savaitės kaina Lietuvoje augo 22 proc. iki 120 eurų už megavatvalandę (MWh), pranešė „Litgrid“.
Elektrum Lietuva has connected a 65-megawatt solar power park, valued at 38 million euros, to the Litgrid network in the Šalčininkai district, marking the start of its operations.
Rokas Masiulis, the outgoing head of Lithuania's electricity transmission system operator Litgrid, received a significant financial compensation package upon the completion of his five-year term, amounting to tens of thousands of euros.
Increased wind power generation in Lithuania has led to a 27% decrease in average wholesale electricity prices, making it the second cheapest week of the year.