lithuanian energy independence strategy: main achievements ... · achievements (iii): electricity...
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Lithuanian energy independence strategy: main achievements and remaining challenges
Rokas Masiulis Minister of Energy
2015-05-15
Achievements: • Renewable energy sources • LNG Terminal • Electricity interconnections
Challenges • Synchronization • Energy efficiency • Decommissioning of Ignalina NPP
Contents
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Achievements (I): Renewable energy sources
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Lithuania is well on track to reach its RES target of 23% in 2020
Achievements (I): Renewable energy sources
Lithuania is well on track to reach its RES target of 23% in 2020
3/11 FSRU Independence coming into the Port Gate in Klaipeda
LNG regasification markets
Baltic-connector
GIPL
LNG ship reloading markets LNG auto-trailer markets
Markets accessible starting the 1st of January, 2015
Markets accessible after regional interconnections are finished
Markets accessible after on-shore LNG reloading station is finished
LNG terminals (5.000-30.000m3) in development
Lithuania must become a regional natural gas trade hub
Achievements (II): LNG terminal
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Achievements (III): Electricity interconnections
These power links will eliminate energy island status of Baltic States
• One of the longest underwater electricity cables in the world – more than 450 km
• Capacity – 700 MW
• Voltage – 300 kV
• CAPEX – over 552 mln. EUR (LT share – 215 mln. EUR, SE – 337 mln. EUR; EU financial support – 131 mln. EUR; +44 mln. EUR – to LV)
NordBalt (2015)
• Total length – 160 km
• Capacity (2015) – 500 MW
• Capacity (2020) – 1000 MW
• Voltage – 400 kV
• CAPEX – over 234 mln. EUR (LT share 2015 – 109 mln. EUR, EU financial support for the LT first stage – 4,4 mln. EUR)
LitPolLink (2015)
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Synchronization is mandatory for the creation of Energy Union
Challenges (I): Synchronization
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Challenges (II): Energy efficiency
Lithuania puts all effort to improve energy efficiency, however it requires substantial financial resources
[Mto
e]
primary energy consumption final energy consumption
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Challenges (III): Decommissioning of Ignalina NPP
Additional financial support after 2020 is vital
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Three main challenges • Synchronization - mandatory for the creation of Energy Union
• Energy efficiency - all effort is put, substantial resources required • Decommissioning of Ignalina NPP – continuity of EU financial
support after 2020 is vital
Conclusion
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