Prime ministers give priority to nuclear energy

Amidst growing international concerns about energy independence and prices, the prime ministers of the three Baltic countries announced this week they would support the construction of a new nuclear plant in Lithuania. The ministers said the region’s three dominant power producers – Lietuvos Energija, Latvenergo and Eesti Energia – will be invited to invest in the project, expected to cost 2-3 billion euros, though it is clear that any such project would require enormous injections of international finance, including from the European Union.

A communique released after the Feb. 27 meeting in Trakai between Lithuania’s Algirdas Brazauskas, Estonia’s Andrus Ansip and Latvia’s Aigars Kalvitis highlighted a range of measures designed to “meet short-term gas supply disruptions in the EU,” and “to avoid dependence from a dominant supplier of energy resources.”

Baltic Times