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Chasing Success, Poland and Lithuania Mull New Energy Projects - Vimarsana News

Chasing Success, Poland and Lithuania Mull New Energy Projects

Chasing Success, Poland and Lithuania Mull New Energy Projects Publication: Eurasia Daily Monitor Volume: 18 Issue: 111 (Source: Wikimedia Commons) On July 1, Lithuanian Energy Minister Dainius Kreivys paid a visit to Mazeikiai oil refinery (the only refinery in the Baltic States; fully owned by the Polish oil and natural gas major PKN ORLEN) to meet with ORLEN management. The parties signed a letter of intent, confirming their willingness to cooperate on the planned “Bottom of the Barrel” investment project within the refinery (the project is expected to be the largest such investment in...

Investments cleared for 700-MW interconnector between Poland, Lithuania - Vimarsana News

Investments cleared for 700-MW interconnector between Poland, Lithuania

Investments cleared for 700-MW interconnector between Poland, Lithuania June 2 (Renewables Now) – Polish transmission system operator (TSO) PSE SA and Lithuania’s Litgrid have approved investments in a 700-MW interconnector project between Poland and Lithuania. The Harmony Link will be a 330-km (205.1-mile) undersea cabling system that will connect Zarnowiec, Poland, and Lithuania’s Darbenai and allow the synchronisation of the Baltic states’ power systems with the synchronous area of continental Europe. It will also enable the integration of further renewable energy capacity in the B...

Baltic states take major step towards full energy independence - Vimarsana News

Baltic states take major step towards full energy independence

Baltic states take major step towards full energy independence 10 Energy (associative image) / J. Stacevičius/LRT The largest ever grant from Brussels should allow the three Baltic states to gain full control of their electricity networks by 2025 and complete their transition away from Russian infrastructure. Emerging Europe, partners of LRT English, report. The European Union has agreed to provide Poland and the Baltic states with a grant worth 719.7 million euros to carry out phase two of a project to link the electricity networks of Estonia, Latvia, and Lithuania with the Continental Euro...

Source: lrt.lt
INEA signs €720 million grant agreement for the Baltic Synchronisation project - Vimarsana News

INEA signs €720 million grant agreement for the Baltic Synchronisation project

The grant agreement releasing €719.7 million of EU funding from the Connecting Europe Facility (CEF) to carry out Phase II of the synchronisation of the Baltic States' electricity network with the Continental European Network (CEN) was officially signed. Dirk Beckers, Director of the Innovation and Networks Executive Agency (INEA) said: “This is the largest CEF Energy grant ever awarded, and will be decisive for completing the synchronisation of the Baltic States' electricity grid with the Continental European Network. We are looking forward to working closely with the electricity transm...

Baltic states, Poland sign EUR 720 mln grant agreement for Baltic synchronization project - Vimarsana News

Baltic states, Poland sign EUR 720 mln grant agreement for Baltic synchronization project

Energy, Energy Market, EU – Baltic States, Financial Services, Legislation Baltic states, Poland sign EUR 720 mln grant agreement for Baltic synchronization project BC, Riga/Vilnius/Tallinn, 14.12.2020. Print version The European Union's Innovation and Networks Executive Agency (INEA) on Monday signed a 720 million euro grant agreement with the electricity transmission system operators of Estonia, Latvia, Lithuania and Poland for the Baltic synchronization project, informs LETA/BNS. This represents the largest amount of funding ever attributed from the Connecting Europe Facility Energy (CEF...