Lithuanian energy independence strategy: main achievements ... · Achievements (III): Electricity interconnections These power links will eliminate energy island status of Baltic

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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Thank you

Rokas Masiulis Minister of Energy

[email protected]