Sergei Kondratiev, Deputy Head of the Economic Department commented to the Radio Sputnik (Lithuanian branch) on the launch of the Belarusian NPP.
In an interview with Sputnik Lithuania, a senior expert at the Institute for Energy and Finance, Sergei Kondratyev, said that the Baltic republic could import electricity from neighboring EU countries, so it probably does not face a power shortage. However, the reliability of supply to consumers may decrease. In addition, a rise in prices is not excluded.
According to Kondratyev, it will be clear in the near future whether there will be an increase in electricity prices on the Lithuanian wholesale market.
“In case of an emergency shutdown, for example, of a submarine cable with Sweden, which has already happened several times, then Lithuania can apply for emergency assistance to the same Belarus. But in the current conditions it is not known whether Belarus will provide it and to what extent. And since such requests must be satisfied promptly, because the balance in the power system must be maintained right here and now, then, of course, the reliability of power supply in such situations, which, unfortunately, are not uncommon in the Baltic power system, decreases, " the expert said.
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