Lithuanian energy independence strategy: main achievements and remaining challenges

Rokas MasiulisMinister of Energy

2015-05-15

Achievements:• Renewable energy sources• LNG Terminal• Electricity interconnections

Challenges• Synchronization• Energy efficiency• Decommissioning of Ignalina NPP

Contents

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Achievements (I): Renewable energy sources

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 20200

5

10

15

20

25

17% 17% 17 17%18%

20% 20% 20%22%

23% 23%

Renewable Energy Share Target 2020 (23%)

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Lithuania is well on track to reach its RES target of 23% in 2020

Achievements (I): Renewable energy sources

Lithuania is well on track to reach its RES target of 23% in 2020

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 20200

5

10

15

20

25

17% 17% 17% 17%18%

20% 20% 20%22%

23% 23%

Renewable Energy Share Target 2020 (23%)

3/11FSRU Independence coming into the Port Gate in Klaipeda

LNG regasification markets

Baltic-connector

GIPL

LNG ship reloading markets LNG auto-trailer markets

Markets accessible starting the 1st of January, 2015

Markets accessible after regional interconnections are finished

Markets accessible after on-shore LNG reloading station is finished

LNG terminals (5.000-30.000m3) in development

Lithuania must become a regional natural gas trade hub

Achievements (II): LNG terminal

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Achievements (III): Electricity interconnections

These power links will eliminate energy island status of Baltic States

• One of the longest underwater electricity cables in the world – more than 450 km

• Capacity – 700 MW

• Voltage – 300 kV

• CAPEX – over 552 mln. EUR (LT share – 215 mln. EUR, SE – 337 mln. EUR; EU financial support – 131 mln. EUR; +44 mln. EUR – to LV)

NordBalt (2015)

• Total length – 160 km

• Capacity (2015) – 500 MW

• Capacity (2020) – 1000 MW

• Voltage – 400 kV

• CAPEX – over 234 mln. EUR (LT share 2015 – 109 mln. EUR, EU financial support for the LT first stage – 4,4 mln. EUR)

LitPolLink (2015)

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Synchronization is mandatory for the creation of Energy Union

Challenges (I): Synchronization

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Challenges (II): Energy efficiency

Lithuania puts all effort to improve energy efficiency, however it requires substantial financial resources

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 20200

1

2

3

4

5

6

4.64.9

5.2 5.1

4.64.8 4.7 4.8 4.74

4.2

Energy Efficiency Target (2020)

2 billion EUR

[Mto

e]

primary energy consumption final energy consumption

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Challenges (III): Decommissioning of Ignalina NPP

Additional financial support after 2020 is vital9/11

funds used up to 2015, mEUR

funding commited until 2020 (incl. national budget), mEUR

funding needed after 2020, mEUR

831.0

922.7

838.8

Overall estimated decommissioning cost 2592,5 mEUR(excl. costs of disposal of spent nuclear fuel)

Three main challenges

• Synchronization - mandatory for the creation of Energy Union

• Energy efficiency - all effort is put, substantial resources required

• Decommissioning of Ignalina NPP – continuity of EU financial support after 2020 is vital

Conclusion

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Thank you

Rokas MasiulisMinister of Energy

rokas.masiulis@enmin.lt