1. Lithuanian energy independence strategy: main achievements and remaining challenges Rokas Masiulis Minister of Energy 2015-05-15

2. Achievements: Renewable energy sources LNG Terminal Electricity interconnections Challenges Synchronization Energy efficiency Decommissioning of Ignalina NPP Contents 2/11

3. Achievements (I): Renewable energy sources 3/11 Lithuania is well on track to reach its RES target of 23% in 2020

4. Achievements (I): Renewable energy sources Lithuania is well on track to reach its RES target of 23% in 2020 3/11 FSRU Independence coming into the Port Gate in Klaipeda

5. LNG regasification markets Baltic-connector GIPL LNG ship reloading markets LNG auto-trailer markets Markets accessible starting the 1 st 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 5/11

6. 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) 6/11

7. Synchronization is mandatory for the creation of Energy Union Challenges (I): Synchronization 7/11

8. Challenges (II): Energy efficiency Lithuania puts all effort to improve energy efficiency, however it requires substantial financial resources [Mtoe] primary energy consumptionfinal energy consumption 8/11

9. Challenges (III): Decommissioning of Ignalina NPP Additional financial support after 2020 is vital 9/11

10. 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 10/11

11. Thank you Rokas Masiulis Minister of Energy rokas.masiulis@enmin.lt