Posts tagged as synchronization

EU commissioners to discuss energy projects, climate change with Lithuanian leaders

Friday, July 19, 2019

European Commissioner for Energy Union Maros Sefcovic is coming to Vilnius on Friday to discuss energy projects and climate change with Lithuania’s top officials.   Sefcovic, together with European Commissioner for Health and Food Safety Vytenis Andriukaitis, are scheduled to meet with President Gitanas Nauseda and Prime Minister Saulius Skvernelis. The meetings will focus on energy and climate policy priorities, the Baltic power grids’ synchronization with the Continental European system, and the current situation…

Baltic Security Foundation established to promote regional defense synchronization

Friday, July 12, 2019

The Baltic Security Foundation (BSF) was officially established this week with the goal to promote and foster Baltic regional defense and security, BSF representatives informed LETA. Olevs Nikers, president of the BSF, is an analyst at the Jamestown Foundation, and Otto Tabuns is the BSF director. The BSF has been established on the basis of the Baltic Security Strategy Project, which was led by Nikers and Tabuns. The objectives of…

Baltic power synchronization is one of key projects for Europe

Tuesday, July 9, 2019

The disconnection of the Lithuanian, Latvian and Estonian power systems from the Moscow-controlled BRELL ring and their synchronization with the electricity network of continental Europe is a priority project, Dominique Ristori, director general of the European Commission’s Directorate General for Energy, says. Awarded for merits to Lithuania by President Dalia Grybauskaite on Saturday, Ristori told BNS Lithuania that very important steps had been made as part of the synchronization project…

EU approves EUR 323 million for 1st stage of Baltic power grids’ synchronization

Friday, January 25, 2019

The European Union is allocating EUR 323 million for the first stage of the Baltic power grids’ synchronization with the continental European system, covering around 75 percent of the total estimated cost of EUR 432.5 million, the European Commission announced. The EUR 323 million funding, which is the amount sought by the three countries, will be provided under the Connecting Europe Facility (CEF). Some EUR 125 million will go to…

Synchronization could cost Lithuanian consumers no more than NordBalt – minister

Thursday, January 10, 2019

Energy Minister Zygimantas Vaiciunas expects that the Baltic power grids’ synchronization with the continental European system will not cost Lithuanian consumers more than the NordBalt power link with Sweden, saying efforts are being made to secure the highest possible EU funding for the project, citing LETA/BNS. “We are speaking about (an additional) 0.2 euro cents (to the electricity price),” he added. The European Commission is expected to announce in early…

EU has been cautious recognizing internal challenges – Vejonis

Tuesday, September 18, 2018

As the technical scenario for the synchronization of the Baltic power grids with that of continental European system received the green light in Brussels on Friday, now this project important for the Baltic states’ security needs agreement on its funding. Latvian experts, however, have told BNS Lithuania the project is unlikely to face any major political risks to its continuity. Energy expert Juris Ozolins says one of the potential risks…