The Baltic States have signed an agreement, according to which they will no longer buy electricity from Russia.
Source: Lithuanian Energy Minister Dainius Kreivys
“Not only is it an extremely important milestone for Lithuania in its journey towards energy independence, but it is also an expression of our solidarity with Ukraine. We must stop financing the Russian war machine.”
Lithuania’s current power needs are met through local generation and imports via the existing interconnectors with Sweden, Poland, and Latvia.
According to the Minister, Lithuania will achieve full energy independence once it synchronizes its electricity grid together with Estonia and Latvia with the rest of Europe by 2025.
Measures taken since the beginning of June will reduce the dependence of the Baltic energy systems on reserve capacity from Russia, which is involved in periods of peak load. To ensure the stable operation of the grid, local operators will continue to use only reserve capacity located in the Baltic States and other northern European countries.
Last year, electricity imports from Russia accounted for 17 percent of Lithuania’s total electricity imports and 16 percent of the country’s total electricity consumption, according to Litgrid, Lithuania’s power transmission system operator.
