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Lietuvos rytas - Lithuania | Monday, June 20, 2011

New nuclear plant unimportant for Lithuania

The Lithuanian government has once more commenced negotiations with investors for the construction of a nuclear power plant. The daily Lietuvos Rytas distrusts the project: "For one reason or another this project is always considered the basis of Lithuania's energy independence. But this does not necessarily require a new nuclear plant or another power source. It would be far better for our country to overcome its energy policy isolation within the European Union. To do that priority should be given to extending power lines to Sweden and Poland. Because what would the construction of a new nuclear power plant actually mean for Lithuania? Firstly it would be a commercial project aimed at using the existing infrastructure available at Ignalina. But such an investment would be anything but run-of-the-mill, not just because of the costs running into the billions. A new nuclear power plant would have repercussions on the entire Lithuanian economy. For such a project it would be necessary to know beforehand how electricity prices will develop because otherwise competition will be hindered on the electricity supply market."

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