Experts: NordBalt repairs could raise electricity prices for businesses Business

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He added that two units of the HPS Kruonis would be allocated to the secondary reserve – if needed a reserve, the order of the lighting would be given by Litgrid. In turn, LEG operates in the commercial market of the other two units of Kruonis HPP, which is a stock exchange and manufactures them when electricity is needed for the market.

"According to these principles, Kruonis HPP will work during the repairs of NordBalt", – explained Kucinas.

The 9th block of the Elektrenai plant this year is for the so-called tertiary reserve (260 MW of the total power of 455 MW). However, at the beginning of the year, the Price Commission authorized the use of the reserve service of the third residual reserve, which did not provide reserve service to third parties, for the use of the service. third-party residual reserve.

However, the board member of Lietuvos energija, Dominykas Tučkus, the power also depends on the air temperature – in summer, when it is warmer, the power of the block and, therefore, the power residual decreases. According to him, if the hot day would have a residual power of 140 MW, it would no longer be possible to submit the offer to the stock market because the block can not operate with such power.

Competitive prices will help maintain LitPol Link

The CEO of Litgrid D. Virbickas stresses that any decision regarding the production or consumption of energy must be decisive for the market and its participants and, in case of emergency, use the reserves to ensure reliable operation of the system. According to him, competitive prices will maintain the connections with Poland to LitPol Link

"In badessing the available production capacity and the remaining international connections, it can be concluded that the adequacy of the system will be ensured during the works The LitPol Link connector gives the market the opportunity to buy electricity at the most affordable prices, although the current price increases on the Polish market are dominated by the most competitive prices. export to Poland, the existing capacity of LitPol Link will maintain competitive prices in the market due to the decline in import prices in Scandinavia. "

Expert from Elektrum Lietuva. Bagdon, a rise in prices can already be seen when repairing the connection.He says a lot will depend on the price at which electricity imports from neighboring countries will be

"We know that Lithuania imports the bulk of electricity (…) will depend on the transport capacity of other countries, Lithuania, I doubt that this has a very strong impact on the Improvement, "said K. Bagdonas, SNB.

Repair of NordBalt from July 30

Repair of the NordBalt power plant at 700 MW, July 30-October 10 In a few days, the fasteners will be replaced, a total of 119 ground teams will be replaced, including 23 on the Lithuanian side. According to Litgrid, a more stable long-term link will result in lower market price volatility and lower supply risk.

NordBalt was recently disconnected at the end of February. 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 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%.

D. Virbickas said in May that the electrical connections with Sweden and Poland – NordBalt and LitPol Link – have helped Lithuanian consumers since 2016 to save Litl49 million.

According to him, the cost of repairing the connection will be borne by ABB, a Swedish cable manufacturer. She also built the connectors to Klaipeda and the Swedish Nibro.

550 million. The NordBalt cable, built in late 2015 at a cost of 453 kilometers, was launched early 2016.

According to Nord Pool, the price of electricity in the Lithuanian zone in June was 51.05 euros per MWh. In May the price was lower – EUR 43.69. A year ago, in June and May 2017, the price was even lower, respectively 38.36 and 32.46 euros.

In July 2017, Nord Pool electricity in the Lithuanian area averaged 36.27 euros, in August – 37.30, in September – 37.39, in October – 34.35 euros per MWh.