energy industry in lithuania 2014
DESCRIPTION
Short introduction to Lithuanian energy industryTRANSCRIPT
Energy industry in Lithuania
Gintare Milkeviciute
ISM University of Leicester
LESTO
Contents
Energy industry
GameHow decisions
are made?
The process
Stakeholders Market players in LT
1 2
3 45
Energy industry
Gas Electricity
FuelsHeat
The processElecticity industry example
Stakeholders
Employees Regulators Society Local communities Governments
Renewables generators
Transmission system
operators
Distributionsystem
operatorsConsumers
Mining (coal, gas, shell gas,
oil etc.)
Producers (petroleum, biofuels etc.)
Transportation network
operators
Conventional generators
Market operators
Independed suppliers
Contractors Researchers
Features
Capital intensive High entrance barriers
Really long-term projects
(ex. nuclear)
Political (big companies)
Price regulation
Environmental concern
Usually several investors involved
Government funding
International projects
Political commitment (election cycle)
Risk of cost overruns
Risk of changes in regulation climate
Energy industry in Lithuania100% gas &
>60% electricity import
Market players in LithuaniaProducers
~ 2.500 distributed generators
Market players in LithuaniaInfrastructure
Market players in LithuaniaConsumers
Market players in LithuaniaThe market
Independed suppliersMarket operators
Electricity transmission grid
Gas transmission grid
The gameHow decisions are made?
1 4 6
3 teams Q&A
10 min.
Regulator presents its
decision
3 min.
2
Form your position
10 min.
3
Present it
2 x 3 min.
5
Regulator reach
consensus
5 min.
7
Feedback
2 x 3 min.
Sources
LESTO strategy 2014-2020
Lietuvos energijos gamyba
strategy 2014-2020
Lietuvos energija group strategy 2014-2020
BP energy outlook 2035
Lithuania’s National energy strategy
LT natural gas market overview
LT electricity market overview
Independed heat producers market overview