Poland and Lithuania launched the first spot power transactions yesterday (8 December) at a new electricity cross-border link that will increase Poland’s import capacity, Polish power grid operator PSE said.
PSE said 1.8 gigawatts had been allocated for trade from Poland to Lithuania and almost 86 megawatts from Lithuania to Poland after the two countries tested the new 500-megawatt link at the end of November.
The cross-border link between Poland and Lithuania is a part of the European Union’s plan to create a common energy market, and it would help to reduce the Baltic state’s dependence on power imports from Russia.
The link could also increase Poland’s energy security allowing it to import power from the Nordic countries via Lithuania’s new subsea connection to Sweden.
Poland already has a 600 MW direct connection with Sweden.
Poland is one of the European Union’s most isolated power markets with the ability to import just 2% of the electricity it consumes, experts say.
The European Commission wants cross-border links to equate to at least 10% of a member state’s generation capacity by 2020.