SwedLit

SwedLit is a planned convert|350|km|mi|-1 700-1,000 MW HVDC submarine power cable between Lithuania and Sweden.

The project was originally suggested by some Swedish companies in 2004. Original project was aimed at construction of the wind farm in the Baltic Sea and ensuring the electricity transmission therefrom to Sweden and Lithuania. The participants of this project were interested also in Kruonis Pumped Storage Plant as an accumulator of unpredictable wind energy.

In August 2006, the Lithuanian and Swedish transmission grid operators Lietuvos Energija and Svenska Kraftnät agreed to launch a feasibility study of a possible interconnection. The feasibility study is to be completed in 2007. After announcement of feasibility study E.ON Nordic, the Swedish subsidiary of German energy company E.ON, has expressed interest in that project.

The aim of this project is to promote trading between Baltic and Nordic electricity markets, as also to increase the security of power supply in both markets. For Lithuania it would be of crucial importance after closure of Ignalina nuclear power plant.

The cable could be commissioned in 2010 as earliest. It has been estimated that the project would cost around €400 million.

References

* [http://www.le.lt/en/main/news/press?ID=446 Agreement on Feasibility Study (press release)]

External links

* [http://www.le.lt/en Lietuvos Energija]
* [http://www.svk.se/start.aspx?id=5208 Svenska Kraftnät]