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Seimas agreed to the renewed National Strategy of Energy Independence
- 2012/06/26
- Today Seimas of the Republic of Lithuania has agreed to the renewed National Strategy of Energy Independence, thereby setting key objectives for the Lithuanian energy sector for the period leading up to 2020 and outlining the vision of the energy sector up until 2050.
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Lithuania becomes a part of the Nordic power exchange
- 2012/06/18
- On 18 June 2012, Europe`s leading Nordic power exchange Nord Pool Spot has launched its bidding area in Lithuania. The Law on electricity that came into force last February and the agreement with Nord Pool Spot concluded in March were the preconditions enabling the establishment of Lithuanian bidding area.
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Andrius Kubilius: Commission strongly supports VNPP as an essential link in Lithuania’s energy independence strategy
- 2012/06/12
- While speaking on the positive opinion of the European Commission regarding the construction of the new Visaginas nuclear power plant, Prime Minister Andrius Kubilius said:
“The European Commission’s conclusions clearly demonstrate the VNPP significance for Lithuania’s energy security and its integration into the European power grid. The Commission strongly supports the VNPP project as an essential link to Lithuania’s energy independence. I am delighted that the Commission, whose support we clearly saw earlier as well (when Lithuania took essential decisions on the ownership unbundling in the gas sector, while implementing the EU’s Third Energy Package), now too, is very clearly in favour of Lithuania’s energy independence strategy”.
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Crucial step made in reforming SOEs
- 2012/06/06
- On 6 June 2012, the Government adopted the resolution, drafted by the Ministry of Economy, to approve the Guidelines for Implementation of Right of Ownership (Ownership Guidelines).
