In the Seimas Hall – questions and shouts from the opposition to Kreivi regarding energy prices: what you did and what you didn’t do

He blames the former authorities

In the interpellation draft prepared by the Social Democrats, there are questions for the minister regarding the electricity market liberalization scandals, the negligent attitude towards the so-called independent electricity suppliers, the “shredding” of hundreds of thousands of consumers, as well as the great damage caused to the state budget when “Perlas Energija” unilaterally ceased operations, according to the statement released by the party in a press release.

“I understand the desire to interpellate, to be interested, but let’s look at our garden. To the decade when (ruled – ed.) two Governments and what was done.

To this day, the interpellation I have is a consequence of this action or inaction. The commission will find out”, D. Kreivys briefly commented on the interpellation.

He pointed out that a lot has been done by this Government in the past year and a half.

“First of all, during the first half of the year, all the information from the market was collected, where are the bottlenecks, what are the problems in the renewable energy market, a law was prepared in a short time, which in its scope was probably one of the largest packages in the history of the Parliament, and we all adopted that package together.

This package will allow us to achieve, and we already have considerable progress today: since the beginning of the term, we have increased wind generation by 220 MW, solar energy generation by 300 MW.

Electricity generation capacity grew the fastest in the last 12 years. Currently, 1,591 MW of wind and 1,069 MW of solar energy are being installed,” the minister said.

He asked questions to the minister

During the half-hour of the Government, members of the Seimas poured criticism and questions to the minister.

“You’re basically talking about reducing energy, reducing the speed of cars. It’s not serious, it’s not a plan, it’s just reducing the need for energy. But where are the serious measures? Name the five main ones”, asked Arvydas Nekrošius in the Seimas.

“The main question for people is what you did and what you didn’t do. It’s one such piecemeal six months ago – you could apply like Spain and Portugal for exchange changes.

Maybe we can open the cards for everyone once: what capacities do we have, regardless of gas, fuel oil or other types of fuel, and answer the question of when they can be ignited, and what the production cost would be: how much fuel oil, how much gas can be used to produce electricity.

Why is Elektrėna not working today? Maybe this would be a solution – we could buy 60-70 percent from the stock exchange. cheap electricity, and 30-40 percent made from fuel oil or gas”, Valius Ėuolas asked the minister in the Seimas.

D. Kreivys emphasized that there are no opportunities to produce electricity from fuel oil in Lithuania.

“Five years ago we stopped subsidizing the maintenance of these reserves, and they were abolished. They are not physically present,” the minister noted.

In response to Spanish and Portuguese gas subsidies or their ceilings, D. Kreivys noted:
“Spain and Portugal are a closed market. One peninsula that has no connections: a very small amount, about three percent, can reach Europe via connections. Therefore, they decided to take this step. If we were to try to subsidize gas, the consumers of other countries would benefit from the subsidies: Germany, Sweden, Latvia, etc., because our connection is 75 percent.”

“Gas consumption in the Iberian Peninsula increased by 70 percent after the gas ceiling was put in place. This means that other raw materials for energy generation have become obsolete,” the minister added.

Business takes risks

“When I receive requests from people and businesses, the chain of stores in the area has 15,000. received 80 thousand euros this month. euro account. You are talking about 80 million. euro savings for the state. But let’s go back to businesses, they probably lose a billion in total today,” noted Viktor Fyodorov.

The minister says that business always takes risks.

“We have to understand that business is always a risk. Yes, some businesses need help, but businesses take risks. You can’t socialize everything all the time through support and other things, it has to be balanced. So that everyone understands what depth and level of compensations are needed: if 100 euros per megawatt-hour were to be compensated, it would cost all Lithuanian citizens 3 billion from the budget. euros.

Let’s have a big picture: see our hospitals, schools and others. There must be a balance. The government will help from that side as much as possible: huge programs – 2 billion are allocated to install generation as soon as possible. I understand that help is needed now, but perhaps it is possible to invest now and there will be smaller profits, a bit of a loss, but in the future we will have our own generation,” said the minister.

“Certain” compensations may be applied to Lithuania

The Minister of Energy says that “certain” compensations may be applied to Lithuania if the European Union (EU) makes a decision that is not beneficial to it in order to control the increase in electricity prices in the Community countries, writes ELTA.

According to him, discussions about this with the European Commission (EC) took place over the weekend and on Monday.

“We have a problem that Lithuania does not have such a generation and practically imports everything. Therefore, we are negotiating with the EC and we hope that we will be able to negotiate,” said D. Kreivys during the Government Hour in the Seimas.
“Saturday, Sunday and yesterday were very intense, that certain exceptions will be made for Lithuania (…) where we will also receive certain compensations”, he explained to the parliamentarians.

The minister assured that he could not reveal more information, but assured that the ministry under his leadership “really works in this direction”.

“We are doing everything to ensure that our people do not suffer when Europe introduces certain price compensation mechanisms. So that our people can also compensate for those high prices”, noted D. Kreivys.

According to him, Lithuania and Luxembourg are the only EU countries that do not produce enough electricity for themselves, so they depend on its import.

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