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With renewable energy production declining, generation from thermal power plants grew in September, and production costs remained high in Europe amid rising natural gas prices. Additionally, the decline in wind power generation has led to increased and intensive use of hydropower since early summer, leading to lower water levels in hydropower reservoirs in Scandinavia, which currently they are only 65%. limit ,, publishes Litgrid.
Vilnius Thermal Power Plant on Savanorių Street in the capital. Photo of Elta
According to data from the Lithuanian electricity transmission system operator, in September the average wholesale price of electricity in Lithuania increased by 41%, to 124 Eur / MWh, compared to August. The price of the Nord Pool exchange system increased by almost a third and reached 86 Eur / MWh.
“With the decrease in the production of electricity from renewable sources and the lower utilization of the NordBalt and LitPol Link connections due to previous planned works, the production of thermal power plants in Lithuania increased, which compensated more than 40 percent. consumption.
The dependence of European electricity prices on renewable energy is well illustrated on 23 September. A unique situation has arisen in the German zone. The hourly price of electricity remained at 154 Eur / MWh for 7 hours, and at 1 pm during peak consumption, when solar and wind generation increased, it had already dropped to 0.12 Eur / MWh. Interestingly, this September, wind generation in Lithuania decreased by a tenth compared to the previous two years, but due to the increase in wholesale electricity prices, the income from wind farms not only did not decrease, but also doubled. .
And the beginning of October is positive: with the increase in wind generation in the first days of the month, the hourly price of electricity on the wholesale market fell to 0.07 Eur / MWh on Sunday morning, “he says Liutauras Varanavičius, Director of Strategy at Litgrid, Department.
Record gas prices had the biggest impact on price growth across Europe. Gas prices in retail establishments in the Baltic countries have increased by almost 30% from 38 Eur / MWh. Likewise, with the predominance of production from thermal power plants, their cost is increased by emission rights, the price of which rose by 8% in September.
Electricity consumption in Lithuania last month was stable and amounted to 985 GWh. Lithuania’s electricity production increased by 36% and local power plants provided 41%. country’s electricity consumption. In total, 427 GWh of electricity was generated in Lithuania in August.
In Lithuania, most of the local production corresponded to thermal power plants, which produced 51 percent. The participation of electric and wind power plants was 24%, and the participation of hydroelectric and solar plants was 18%. , the remaining power plants produced 7 percent.
The total flow of imports was 59%. consumption of the country. In September, due to the works carried out, the NordBalt and LitPol Link connections did not work after 5 days, so imports to Lithuania decreased by 12 percent. compared to August data. Maximum: 60 percent. – was imported from Latvia, 24 percent. – from Scandinavia through the NordBalt connection, 10% – from Poland, the remaining 5% – from third countries.
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