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From February 22 to 28, electricity costs 42.1 euros per megawatt hour (MWh) in the Lithuanian price zone of the Nord Pool exchange. The same price decrease was recorded in Estonia and Latvia, where the weekly price was 42 euros per MWh.
According to the operator, the high electricity prices prevailing since the beginning of the year have been reduced by increased local wind generation and decreased electricity consumption in Lithuania due to the hot weather.
“With the decrease in demand and the increase in wind energy production throughout the region, thermal power plants produced less electricity: in all the Baltic countries, their production decreased by almost a third. In Lithuania, thermal power plants produced up to 60 percent. less than a week before, ”says Liutauras Varanavičius, Director of Litgrid’s Strategy Department.
According to him, although the total flow of imports into Lithuania remained stable, there was a redistribution of flows, when the import flows through the Litpol Link and NordBalt connections decreased by 26%, respectively. and 94%, and increased by two-thirds across Latvia.
According to L. Varanavičius, such a large increase in imports was due to increased flows from the north, since electricity prices in Finland were lower than in the Baltic States.
Electricity consumption in Lithuania decreased by 9% last week. up to 259 gigawatt hours (GWh). Lithuania’s electricity production fell 12 percent. at 79 GWh, and local power plants provided 30 percent. electricity consumption of the country.
Thermal power plants produced 18 percent last week. Electric and wind power plants generated in Lithuania – 41 percent, hydroelectric plants – 22 percent, other power plants – 20 percent. electric.
Compared to the previous week, production in the country’s hydroelectric plants decreased by 23%, in wind power plants it decreased by 93%, in thermal power plants by 60% and the production of other power plants increased by 1 %.
Last week, 69 percent. the country’s electricity demand was imported. Total imports were stable. 19 percent Electricity imports to the country came from third countries, 34 percent. – from Scandinavia through the NordBalt connection, 46 percent. was imported through the border with Latvia and 1 percent. through the LitPol Link connection with Poland.
Lithuania’s total electricity flow grew by 83 percent. 99% was sent to Poland via LitPol Link. Electricity exported by Lithuania.
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