Lithuania proposes regional power plant to Baltics

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Lithuanian Minister of Energy, Žygimantas Vaičiūnas, has announced plans to propose the construction of a new power plant in collaboration with Latvia and Estonia. The initiative is aimed at ensuring flexible electricity production and strengthening energy security in the region.

Vaičiūnas stated that the project is still in its early stages, and while he did not provide further details, he suggested that the new plant would likely involve gas-fired generation. “Ideally, if we reach such an agreement with Latvia and Estonia, it could be a new power plant. With regional projects, we have a number of challenges in talking to regional partners. But if such a decision is taken, of course, such flexible generation is usually gas-fired generation, yet for the time being we are still in the initiation phase of this issue,” he told Lithuania’s public broadcaster LRT.

The Lithuanian government’s programme includes plans to initiate discussions with other Baltic states about a joint auction to attract investment for the development of a modern, flexible power plant. This plant would be crucial for generating electricity at periods of low renewable energy production, such as during calm weather or lack of sunlight.

Although past regional energy projects have faced challenges, Lithuania hopes this proposal will be a step toward improved energy cooperation.

Source: LRT 

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Baltics Energy Security Estonia Latvia Lithuania Power Plant Baltics Žygimantas Vaičiūnas