D.Kreivys: Lithuania initiates a legal process assuming the management of the connections with Belarus Business



[ad_1]

According to him, when the reactor of the nuclear power plant begins to generate electricity, the provisions of the anti-ravage law will come into force, which will provide additional legal levers to prevent the entry of Belarusian electricity into the Lithuanian market.

“We are starting a legal process that will allow us to take control of the lines into our own hands. At the moment, we do not manage those lines, we have certain agreements and we manage them jointly. (…) We are beginning to regain sovereignty in the field of electricity, ”D. Kreivys told News Radio on Thursday.

He promised to report this in more detail later on Thursday.

Furthermore, D. Kreivys announced that the European Commission has proposed to change the procedure for electricity auctions on the Nord Pool exchange so that Russian electricity is traded later: “Electricity from EU market countries first, and then only From Russia”.

“So far, Latvia and Estonia are trying to get out of this problem, but we believe that this event (landing of a Ryanair plane in Minsk – BNS) can help us solve this problem,” said the minister.

D. Kreivys reiterated that Astrava’s electricity sometimes enters Lithuanian territory, but Ukraine’s decision not to buy Belarusian electricity prevented larger flows.

“Currently, we see that Belarus produces and consumes so much, but there are certain small moments, day and night, when a certain amount of electricity enters Lithuania, which is above the consumption of Belarus. It is not big, but it still allows us to say that there is electricity in Lithuania, ”said D. Kreivys.

According to him, according to data from the electricity transmission operator Litgrid, from January to May 24 this year, Astravas electricity was bought in Lithuania for 16 million. euros. Most, according to the minister, were bought until March 24, when electricity was exported from Belarus at full speed.

“When the Ukrainians stopped buying Belarusian electricity, the Russians – Inter Rao – lost the opportunity to make exchanges because the Russian electricity went to Ukraine and was sold as Belarusian, and we came to Belarus and sold it as Russian,” said the minister. .

According to D. Kreivis, the Astravas nuclear power plant is currently operating at 450 MW, which is half the capacity, but in order to use this electricity, Belarus is shutting down the modernized Lukomlė gas-fired power plant.

“But that is the first block. With the launch of the second, Belarus will have many more challenges,” added the Minister of Energy.

But this is the first block. With the launch of the second, Belarus will face many more challenges.

D.Kreivys has said that the current trilateral electricity trading method with Russia unilaterally approved by Tallinn and Riga not only allows access to the Baltic electricity market from Astrava, but also drives up electricity prices in Lithuania.

Litgrid CEO Rokas Masiulis told BNS that the so-called anti-fraud law continues to be violated, but Riga and Tallinn are casually looking at Vilnius’s requests to agree on a new methodology.

Litgrid approached the Latvian operator AST about the situation of electricity trading in the Baltic States, as well as the stock exchange operator Nord Pool, which, according to R. Masiulis, is conducting an investigation.

A study is also being carried out on the application of the methodology by the State Energy Regulatory Council (VERT), whose president Renatas Pocius BNS stated that its conclusions should be clear as early as the first half of June.

The methodology has also been appealed to the European Commission (EC).

The Energy Ministry has announced that the unilateral trade methodology applied by Latvia and Estonia with Russia may additionally cost Lithuanian consumers around LTL 100 million. by year. Lithuania, through the EC, is looking for a new methodology.



[ad_2]