Lithuanian energy independence strategy:
main achievements and remaining challenges
Rokas Masiulis
Minister of Energy
2015-05-15
Contents
Achievements:
• Renewable energy sources
• LNG Terminal
• Electricity interconnections
Challenges
• Synchronization
• Energy efficiency
• Decommissioning of Ignalina NPP
2/11
Achievements (I): Renewable energy sources
Lithuania is well on track to reach its RES target of 23% in 2020
3/11
Achievements (I): Renewable energy sources
Lithuania is well on track to reach its RES target of 23% in 2020
FSRU Independence coming into the Port Gate in Klaipeda
3/11
Achievements (II): LNG terminal
LNG regasification markets
LNG ship reloading markets
LNG auto-trailer markets
Baltic-connector
GIPL
Markets accessible starting the 1st of January, 2015
LNG terminals (5.000-30.000m3) in development
Markets accessible after regional interconnections are finished
Markets accessible after on-shore LNG reloading station is finished
Lithuania must become a regional natural gas trade hub
5/11
Achievements (III): Electricity interconnections
NordBalt (2015)
•
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)
LitPolLink (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)
These power links will eliminate energy island status of Baltic States
6/11
Challenges (I): Synchronization
Synchronization is mandatory for the creation of Energy Union
7/11
[Mtoe]
Challenges (II): Energy efficiency
primary energy consumption
final energy consumption
Lithuania puts all effort to improve energy efficiency, however it
requires substantial financial resources
8/11
Challenges (III): Decommissioning of Ignalina NPP
Additional financial support after 2020 is vital
9/11
Conclusion
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
10/11
Thank you
Rokas Masiulis
Minister of Energy
[email protected]