Lithuania’s policymakers resurrecting idea to extend lifespan of Ignalina N-plant

October 10, 2007 at 3:23 pm 3 comments

Ignalina N plantAs the BNS reported Lithuania‘s EconMinr Navickas and MP Veselka have urged the European Union (EU) to continue discussions on possibilities to extend the lifespan of Ignalina Nuclear Power Plant (INPP).

The closure of nuclear power plant in 2009 would hit Lithuania’s economy hard, they argued at the international energy forum opened in Vilnius on Wednesday.

In response, a representative of the European Commission said that the shutdown of INPP was a closed issue and should not be discussed any further.  “The price of electricity will surge by approximately 40 percent after the closure of the power plant, and the country will depend on natural gas for about 75 percent of its total primary energy and heating generation requirements,” Navickas pointed out urging to continue discussions as to whether the lifespan of INPP could be extended. Veselka noted, meanwhile, that a decision to close INPP in 2009 was “of political nature”.

“The decisions taken by the EU and unwillingness to talk will leave Lithuania totally dependent on Gazprom after 2009,” MP said. As the BNS informed the closure of INPP would cost Lithuania’s business some 500-600 million euros per year in additional expenditures on energy, which would slow the growth of gross domestic product (GDP) by some 10 percent, Veselka noted. “The EU is speaking about the necessity to boost competitiveness and, simultaneously, is taking decisions that are undermining competitiveness of one particular EU Member State,” the MP pointed out.

Meanwhile, Jean-Arnold Vinois, head of the Energy Policy and Security of Supply Unit of the Directorate-General for Energy and Transport of the European Commission, said that the problems concerning the closure of INPP would not be discussed. “This issue has been closed, you have received about 1 billion euros to close the Ignalina power plant,” Vinois noted.

“Lithuania’s economy is growing by some 8 percent per year, and your country has excellent possibilities,” he added.

He also prompted Lithuania to cooperate with Latvia and Estonia in solving the problems of energy sector.

Lithuania is obliged to close INPP in 2009. The country aims to build a new nuclear power plant in partnership with other Baltic countries and Poland.

Advertisements

Entry filed under: Baltic States, Economics, Energy, Estonia, EU, Latvia, Lithuania, Northern Europe, Politics.

Signing of Baltic agreement with Poland on construction of new N-plant in Lithuania postponed till November SEB – ‘Lithuanian economy will experience a soft landing’

3 Comments Add your own

  • […] the energy Conference in Vilnius last week.  Lithuania’s Economy Minister Vytas Navickas declared that the European Union might allow Lithuania to continue operating the plant through 2009, until a […]

    Reply
  • […] Lithuania’s policymakers resurrecting idea to extend lifespan of …“The decisions taken by the EU and unwillingness to talk will leave Lithuania totally dependent on Gazprom after 2009,” MP said. As the BNS informed the closure of INPP would cost Lithuania’s business some 500-600 million euros per year … […]

    Reply
  • 3. Lithuania » Blog Archives » ISO For the Small Business  |  December 3, 2007 at 4:26 am

    […] Lithuania’s policymakers resurrecting idea to extend lifespan of …“The decisions taken by the EU and unwillingness to talk will leave Lithuania totally dependent on Gazprom after 2009,” MP said. As the BNS informed the closure of INPP would cost Lithuania’s business some 500-600 million euros per year … […]

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Feeds

Recent Posts

Categories

October 2007
M T W T F S S
« Sep   Nov »
1234567
891011121314
15161718192021
22232425262728
293031  

Pages

Blog Stats

  • 150,429 hits

%d bloggers like this: