1 / 14

Development of electricity market in Lithuania 2010

Development of electricity market in Lithuania 2010. Lina Skrabut ėnaitė Baltpool UAB Kuressaare 2010 0 6 04. Lithuanian electricity market. Main changes from beginning of 2010 ... Ignalina Nuclear Power Plant is closed: Lithuania being exporting country now becomes importer.

aram
Download Presentation

Development of electricity market in Lithuania 2010

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Development of electricity market in Lithuania 2010 Lina Skrabutėnaitė Baltpool UAB Kuressaare 2010 0604

  2. Lithuanian electricity market • Main changes from beginning of 2010... • Ignalina Nuclear Power Plant is closed: • Lithuania being exporting country now becomes importer. • Following EU Directives, AB Lietuvos Energija was restructured by separating TSO and Market Operator activities into separate companies. • Regulated tariffs are removed for large consumers, around 35% of Lithuania’s consumption. • Start up of Power Exchange from January 1, 2010.

  3. GRADUAL REMOVAL OF REGULATED TARRIFS • From January 1st2010 regulated tariffs are not applicable for customers , that constitute 35 % country demand; (Customerswithallowedcapacityof 400 kVmustchoseindependentsuppier) • From January 1st 2011– 45 %; • From January 1st 2012 – 55 %; • From January 1st 2013 – regulated tariffs will be applicable only for retail (domestic) customers ; • Starting from year 2015,January 1st, only non regulated tariffs will be applied for all customers.

  4. ELECTRICITY MARKET IN LITHUANIA Market Operator BALTPOOL UAB TSO LITGRID UAB Bilateral contracts Power Exchange Regulation Market Balancing Market Electricity trading

  5. BALTPOOL MISION In a free energy market we create value to the society, insuring reliable, transparent equal trading process, being trusted market place.

  6. Market Operator IN LITHUANIA • Organizing of physical trade in electricity; • Registration and monitoring of settlement guarantees for trading; • Registration and trainings for market participants; • Settlements among market participants for trading in PEX; • Settlements for forward contracts; • Registration and tracking of OTC bilateral contracts; • Reporting to local regulator, Ministry of Energy, other stakeholders.

  7. TRADING TENDENCY, MWh January February February March April Turnover, MWh Days

  8. TRADE TENDENCY, MLN. LT January February March April Turnover Days

  9. PRICE IN LITHUANIAN PEX January February March April January Price, LT/MWh Day • Average pricein PEX (IQ) was - 136,2 LT/MWh

  10. ELECTRICITY DEMAND (LITHUANIA’S ELECTRICITY DEMANAD ON JANUARY – APRIL : 3.684.686 MWh, THE TURNOVER OF PEX IN LITHUANIA - 2.225.115 MWh)

  11. MAIN FUTURE DEVELOPMENT TOPICS • New web page • Urgent market messages (UMM) • Tool for customers to reach independent suppliers • Cooperationwith NASDAQ OMX • Joint work with regulator

  12. Towards common EU electricity market

  13. Ambitious plans for integration (BEMIP context) • 2011 • Creation of Common Baltic Electricity market – organizing electricity trading based on Nordic countries principles, removing of barriers and regulated tariffs • 2009 • Izolated markets of Baltic States • No common principles organized electricity market Estlink II Estlink I Common Nordic-Baltic electricity market Estlink I Swedish-Baltic link NORD POOL PX Common Baltic electricity market LitPol link Polish PX Gielda Energii Estlink I Polish PX Gielda Energii NORD POOL PX • 2015 • Baltic electricity market integrated with Nordic and Continental Europe electricity markets • Implementation of new interconnection projects Polish PX Gielda Energii

  14. Informationavailable: www.baltpool.lt THANK YOU FOR ATTENTION QUESTIONS?

More Related