Energy In Lithuania
Lithuania is a net energy importer. In 2019 Lithuania used around 11.4 TWh of electricity after producing just 3.6 TWh. Systematic diversification of energy imports and resources is Lithuania's key energy strategy. Long-term aims were defined in the National Energy Independence strategy in 2012 by Lietuvos Seimas. It was estimated that strategic energy independence initiatives will cost 6.3–7.8 billion in total and provide annual savings of 0.9-1.1 billion. In light of the 2022 Russian invasion of Ukraine and Russia's weaponization of energy supplies, Lithuania was among the best equipped countries in Central and Eastern Europe to deal with the energy crisis. This is because ever since the reestablishment of its independence, Lithuania has been investing in alternative energy import routes. These included the development of the Būtingė oil terminal, the electricity interconnections NordBalt and LitPol Link, the Klaipėda LNG terminal and the Gas Interconnection Pol ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ignitis
Ignitis Group (Ignitis grupė AB; former name: Lietuvos Energija UAB) is a state-owned energy holding company located in Vilnius, Lithuania. The Group’s core business is focused on operating Lithuania’s electricity distribution network (Networks) and managing and developing its Green Generation Portfolio (Green Generation). The Group also manages strategically important reserve capacities (Reserve Capacities) and provides services to its customers (Customers & Solutions), including the supply of electricity and natural gas, solar, e-mobility, energy efficiency and innovative energy solutions for private and business customers. Ignitis Group shares are predominantly owned by the Ministry of Finance of the Republic of Lithuania, with the current Chairman of the Board and CEO of the company being Darius Maikštėnas. It is the fifth largest company in the Baltics. The initial public offering was made on 7 October 2020. Ignitis Group shares are listed in Nasdaq Vilnius and Londo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dissolution Of The Soviet Union
The Soviet Union was formally dissolved as a sovereign state and subject of international law on 26 December 1991 by Declaration No. 142-N of the Soviet of the Republics of the Supreme Soviet of the Soviet Union. Declaration No. 142-Н of the Soviet of the Republics of the Supreme Soviet of the Soviet Union, formally establishing the dissolution of the Soviet Union as a state and subject of international law. It also brought an end to the Soviet Union's federal government and General Secretary (also President) Mikhail Gorbachev's effort to reform the Soviet political and economic system in an attempt to stop a period of political stalemate and economic backslide. The Soviet Union had experienced internal stagnation and ethnic separatism. Although highly centralized until its final years, the country was made up of 15 top-level republics that served as the homelands for different ethnicities. By late 1991, amid a catastrophic political crisis, with several republics al ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Soviet Union
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ignalina Nuclear Power Plant
The Ignalina Nuclear Power Plant () is a Nuclear decommissioning, decommissioned two-unit RBMK-1500 nuclear power plant, nuclear power station in Visaginas Municipality, Lithuania. It was named after the nearby city of Ignalina. Due to the plant's similarities to the infamous Chernobyl Nuclear Power Plant in both reactor design and lack of a robust containment building, Lithuania agreed to close the plant as part of its agreement of 2004 enlargement of the European Union, accession to the European Union. Unit 1 was closed in December 2004; Unit 2 in December 2009. The plant accounted for 25% of Lithuania's electricity generating capacity and supplied about 70% of Lithuania's electrical demand. It was closed on 31 December 2009. Proposals have been made to construct a new nuclear power plant at the site, but such plans have yet to come to fruition. Reactors The Ignalina Nuclear Power Plant contained two Soviet Union, Soviet-designed RBMK-1500 water-cooled graphite-neutron mo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Visaginas
Visaginas () is a city in northeastern Lithuania. It is the centre of Lithuania's youngest municipality, located on the north-eastern edge of the country. It was built as a town for workers engaged in the construction of the now decommissioned Ignalina Nuclear Power Plant. Visaginas is the only city in Lithuania where the majority of the population speaks Russian as their first language. Originally the aerial view of Visaginas was designed to resemble a butterfly. However, after work on the nuclear power plant was cancelled, so was further construction of the town. Currently Visaginas consists of three residential regions that locals refer to as the 1st, 2nd and 3rd Microdistricts. Visaginas has 14 streets. The city grew up in a pine forest by Lake Visaginas. Tourism is currently an area of great potential, as is the possibility of a new nuclear power plant. The administrative centre of Visaginas municipality is situated near the country's biggest lake, Drūkšiai. Its admin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Green Hydrogen
Green hydrogen (GH2 or GH2) is hydrogen produced by the electrolysis of water, using renewable electricity. Production of green hydrogen causes significantly lower greenhouse gas emissions than production of grey hydrogen, which is derived from fossil fuels without carbon capture. Green hydrogen's principal purpose is to help limit global warming to 1.5 °C, reduce fossil fuel dependence by replacing grey hydrogen, and provide for an expanded set of end-uses in specific economic sectors, sub-sectors and activities. These end-uses may be technically difficult to decarbonize through other means such as electrification with renewable power. Its main applications are likely to be in heavy industry (e.g. high temperature processes alongside electricity, feedstock for production of green ammonia and organic chemicals, as direct reduction steelmaking), shipping, and long-term energy storage. As of 2021, green hydrogen accounted for less than 0.04% of total hydrogen production. Its ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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VKJ By Augustas Didzgalvis
The Yugoslav Army ( sh-Latn-Cyrl, Jugoslovenska vojska, JV, Југословенска војска, ЈВ), commonly the Royal Yugoslav Army, was the principal ground force of the Kingdom of Yugoslavia. It existed from the establishment of Yugoslavia in December 1918 until its surrender to the Axis powers on 17 April 1941. Aside from fighting along the Austrian border in 1919 and 1920 related to territorial disputes, and some border skirmishes on its southern borders in the 1920s, the JV was not involved in fighting until April 1941 when it was quickly overcome by the German-led invasion of Yugoslavia. Shortly before the invasion, Serbian officers of the Yugoslav General Staff, encouraged by British Special Operations Executive personnel in Belgrade, led a coup d'état against Prince Paul of Yugoslavia and Dragiša Cvetković for adhering to the Tripartite Pact. Beyond the problems of inadequate equipment and incomplete mobilization, the Royal Yugoslav Army suffered badly ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lietuvos Energija
Ignitis Group (Ignitis grupė AB; former name: Lietuvos Energija UAB) is a state-owned energy holding company located in Vilnius, Lithuania. The Group’s core business is focused on operating Lithuania’s electricity distribution network (Networks) and managing and developing its Green Generation Portfolio (Green Generation). The Group also manages strategically important reserve capacities (Reserve Capacities) and provides services to its customers (Customers & Solutions), including the supply of electricity and natural gas, solar, e-mobility, energy efficiency and innovative energy solutions for private and business customers. Ignitis Group shares are predominantly owned by the Ministry of Finance of the Republic of Lithuania, with the current Chairman of the Board and CEO of the company being Darius Maikštėnas. It is the fifth largest company in the Baltics. The initial public offering was made on 7 October 2020. Ignitis Group shares are listed in Nasdaq Vilnius and London ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kaunas Hydroelectric Power Plant
The Kaunas Hydroelectric Power Plant () is a hydroelectric power plant located on the Nemunas River about southeast of Kaunas, Lithuania. It was completed in 1960 and its dam created the Kaunas Reservoir. Owned by Ignitis Group, it operates in conjunction with the Kruonis Pumped Storage Plant. The plant consists of 4 turbines each rated at 25.2 MW for a total power of 100.8 megawatts. It supplies about 4% of the electrical demand in Lithuania, in 2020 its production was 0.23 TWh. A renovation was begun in 2005, with work to be performed in partnership with the multinational conglomerate Alstom Alstom SA () is a French multinational rolling stock manufacturer which operates worldwide in rail transport markets. It is active in the fields of passenger transportation, signaling, and locomotives, producing high-speed, suburban, regional .... The first phase was completed in November 2008; completion is scheduled for the end of 2009. See also * List of power sta ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Energy Storage
Energy storage is the capture of energy produced at one time for use at a later time to reduce imbalances between energy demand and energy production. A device that stores energy is generally called an Accumulator (energy), accumulator or Battery (electricity), battery. Energy comes in multiple forms including radiation, chemical energy, chemical, gravitational potential energy, gravitational potential, Electric potential energy, electrical potential, electricity, elevated temperature, latent heat and kinetic energy, kinetic. Energy storage involves converting energy from forms that are difficult to store to more conveniently or economically storable forms. Some technologies provide short-term energy storage, while others can endure for much longer. Bulk energy storage is currently dominated by hydroelectric dams, both conventional as well as pumped. Grid energy storage is a collection of methods used for energy storage on a large scale within an electrical power grid. Common e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |