June 1, 2010

Lithuanian Energy Security under Review: New Energy Developments after the Closure of Ignalina Nuclear Power Plant

Concerns about energy security are certainly at the top of the political agenda. These issues are even more sensitive in the Baltic states. The main energy security challenge for Lithuania, as well as for Latvia and Estonia, is that it is an ‘energy island’ without the necessary energy interconnections with other EU member states.

Concerns about energy security are certainly at the top of the political agenda. These issues are even more sensitive in the Baltic states. The main energy security challenge for Lithuania, as well as for Latvia and Estonia, is that it is an ‘energy island’ without the necessary energy interconnections with other EU member states.


ec.europa.eu/energy/infrastructure/bemip_en.htm>.
2 The planned location for the New NPP is alongside the decommissioned Ignalina NPP in Visaginas.
3 The additional need for electricity generation has already been forecast in several research studies. The study of the Lithuanian (AB Lietuvos energija), Latvian (AS Latvenergo) and Estonian (Eesti energia AS) energy companies concluded that building the New NPP was justifiable on economical, technical, environmental and legal grounds. These conclusions were later approved by an international consortium headed by the investment bank, N M Rothschild & Sons, which prepared the Business and Financial Model for the New NPP project.
4 These stages of the project are laid out in the Indicative Plan for the Development and Implementation of the New NPP, which is a constituent part of the Strategic Directions of the Implementation of the New Nuclear Power Plant Project in Lithuania, approved by the Government of the Republic of Lithuania, Resolution No. 300 of 22 April, 2009, <www.vae.lt/files/resolution_no_300.doc>.
5 More information on the development of the New NPP see www.vae.lt/en.
6 Economic Recovery: Second batch of 4-billion-euro package goes to 43 pipeline and electricity projects, Brussels, 4 March 2010, <europa.eu/rapid/pressReleasesAction.do?reference=I…>.
7 Heinz Hilbrecht, Opening – Introductory remarks, TEN-E Information Days, <ec.europa.eu/energy/infrastructure/events/doc/2010…>.
8 Electricity Market Development Plan, approved by the Government of the Republic of Lithuania Resolution No. 740 of 8 July, 2009.

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