NordBalt begins to postpone fire repairs in Sweden Business



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According to BNN sources, contractors and contractors in Lithuania and Sweden are ready to be repaired, as well as a slight postponement of work due in part to fires in Sweden and operational planning . However, they stress that this is not considered a delay.

"One of the factors, and not the essential one, was the fact that there were fires in Sweden and that local authorities had to issue work permits (…) debate on natural conditions "This has had an effect on time too," SNB said in a well-informed source

In Sweden, at least 27 forest fires are raging, covering 25 thousand. [19659002] The operator of electricity transmission Litgrid Litagrid announced the situation on Wednesday

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The constant shift in early 2016 has begun.The connection between the Lithuanian electricity transmission companies and Swedish Litgrid and Svenka Kraftnat and NordBalt was agreed by the Swedish company ABB last spring.

The cost of repairing 116 ground couplings will be borne by cable manufacturers and is right in ABB. connectors in Klaipeda and Swedish Nibro.

NordBalt was the last time to disconnect at the end of February this year. In January, the connection did not work for a week – then the market jumped at nearly 118 euros, and at the peak of the morning – up to 200 euros per megawatt hour (MWh). Later, prices stabilized.

According to Litgrid data, in the first quarter of this year, NordBalt's access to the market was 94%. (84% in the first quarter of 2017). Last year, 3.1 litas of electricity per hour (TWh) were imported via the connection, or 27%.

Litgrid's CEO, Daivis Virbickas, said in May that connections to Sweden and Poland – NordBalt and LitPol Link – have helped Lithuanian consumers save 69 million euros since 2016. Euro [19659002] 550 mln. NordBalt was built in late 2015 at a cost of 453 kilometers and the connection was launched in early 2016.

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