Lithuanian Minister of Energy Žygimantas Vaičiūnas stated on Thursday that Lithuania will propose the construction of a new power plant to Latvia and Estonia to ensure flexible electricity production and energy security.
The minister did not disclose more details of the potential project.
“Ideally, if we reach such an agreement with Latvia and Estonia, it could be a new power plant. With regional projects, we have a number of challenges in talking to regional partners. But if such a decision is taken, of course, such flexible generation is usually gas-fired generation, yet for the time being we are still in the initiation phase of this issue,” Vaičiūnas told Lithuania’s public broadcaster LRT Thursday.
“I would not be able to elaborate on the technology or the location aspects for the time being, because we need to hear the opinion of Latvia and Estonia first,” the minister said.
The new government’s program outlines plans to initiate discussions with other Baltic states on the possibility of organizing a joint auction to attract investors for the development of modern and flexible power plants. These facilities would generate electricity during prolonged periods of calm weather or in the absence of sunlight.
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