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National Lithuanian Electricity Association
National Lithuanian Electricity Association was established on 6 June 2011. NLEA represents Lithuania in Eurelectric. Members # LESTO # Lietuvos energija # Litgrid Litgrid AB is a Lithuanian electricity transmission system operator that operates Lithuania's electricity transmission grid. Litgrid is responsible for the integration of the Lithuanian electricity system into the European electricity infrastruct ... # Technologijų ir inovacijų centras See also * Lithuanian Electricity Association References External links * {{Official website, http://www.nlea.lt Trade associations based in Lithuania Electric power companies of Lithuania 2011 establishments in Lithuania ...
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Vilnius
Vilnius ( , ; see also other names) is the capital and largest city of Lithuania, with a population of 592,389 (according to the state register) or 625,107 (according to the municipality of Vilnius). The population of Vilnius's functional urban area, which stretches beyond the city limits, is estimated at 718,507 (as of 2020), while according to the Vilnius territorial health insurance fund, there were 753,875 permanent inhabitants as of November 2022 in Vilnius city and Vilnius district municipalities combined. Vilnius is situated in southeastern Lithuania and is the second-largest city in the Baltic states, but according to the Bank of Latvia is expected to become the largest before 2025. It is the seat of Lithuania's national government and the Vilnius District Municipality. Vilnius is known for the architecture in its Old Town, declared a UNESCO World Heritage Site in 1994. The city was noted for its multicultural population already in the time of the Polish–Lithuanian ...
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Eurelectric
Eurelectric (full name: The Union of the Electricity Industry) is the sector association which represents the common interests of the electricity industry at a European level, plus its affiliates and associates on several other continents. Together these organisations employ 970,000 people in the European Union and have a turnover of €627 billion. Formally established in 1989, Eurelectric covers all major issues affecting the sector, from generation and markets to distribution networks and customer issues. Today, Eurelectric’s main objectives are the realisation of a carbon-neutral electricity mix in Europe well before mid-century, to ensure a cost-efficient, reliable power supply through an integrated market, and the development of energy efficiency and electrification to mitigate climate change. Eurelectric hosts the Power Summit, an Annual Conference dedicated to European energy policy. Organizational structure Eurelectric is led by a President and two Vice Presidents, who ...
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LESTO
Energijos Skirstymo Operatorius AB (ESO) is an electricity and gas distribution company in Lithuania. It was established on 1 January 2016 through merger of the Lithuanian electricity distribution network operator LESTO AB and a gas company Lietuvos dujos. ESO is controlled by a state-owned group of energy companies Ignitis Group which owns 94.98% of shares. Its shares are traded on NASDAQ OMX Vilnius The Nasdaq Vilnius is a stock exchange established in 1993 (''Vilnius Stock Exchange'', ''VSE'') operating in Vilnius, Lithuania. It is owned by Nasdaq Nordic, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange. OMX Vilni .... ESO is a member of National Lithuanian Electricity Association. References External links *{{official, www.eso.lt Electric power companies of Lithuania Natural gas companies of Lithuania Companies based in Vilnius Energy companies established in 2016 Non-renewable resource companies established in 2016 Lithuanian co ...
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Lietuvos Energija
Ignitis Group (Ignitis grupė AB; former name: Lietuvos Energija UAB) is a state-controlled energy holding company located in Vilnius, Lithuania. Its subsidiaries are involved in power and heat generation and distribution, natural gas trade and distribution, and supporting services. Ignitis Group shares are predominantly owned by the Ministry of Finance of the Republic of Lithuania, with the current Chairman of the Board and CEO of the company being Darius Maikštėnas. The initial public offering was made on 7 October 2020. Ignitis Group shares are listed in Nasdaq Vilnius and London Stock Exchange. History Lietuvos Energija was founded in 1991. It was a vertically integrated state-owned enterprise that owned and operated all electrical and heating businesses in Lithuania apart from the Ignalina Nuclear Power Plant. In 1997, the company was registered as Lietuvos Energija AB and it was partly privatized. The government kept 86.5% of the shares while 8.5% was privatized to the ...
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Litgrid
Litgrid AB is a Lithuanian electricity transmission system operator that operates Lithuania's electricity transmission grid. Litgrid is responsible for the integration of the Lithuanian electricity system into the European electricity infrastructure and the common electricity market. Litgrid has completed the strategic international connection projects NordBalt (Lithuania-Sweden) and LitPol Link (Lithuania-Poland), and currently it is implementing Lithuania's strategic objective of reorienting its power system for synchronous operation with the continental European power grid. The company has over 300 employees. As from 2010, the companies shares are listed on the NASDAQ OMX Vilnius stock exchange. 97.5% of Litgrid's shares are owned by EPSO-G UAB which is directly controlled by the Ministry of Energy of the Republic of Lithuania. History The company was founded in 2010, after the reorganisation of the Lithuanian energy sector in accordance with the requirements of the E ...
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Lithuanian Electricity Association
The Lithuanian Electricity Association was established on 5 June 1998, consisting of 45 electricity production, transmission, distribution and energy supply companies, construction organizations and other associated power structures as well as individual economic operators involved in energy production, supply and power facility designing activities. In 2001, LEA was one of the members who founded the Lithuanian Committee for World Energy Council, representing Lithuania in the World Energy Council. See also *National Lithuanian Electricity Association National Lithuanian Electricity Association was established on 6 June 2011. NLEA represents Lithuania in Eurelectric. Members # LESTO # Lietuvos energija # Litgrid Litgrid AB is a Lithuanian electricity transmission system operator that ope ... References External links Official website {{Authority control Trade associations based in Lithuania Electric power companies of Lithuania 1998 establishments in Lithua ...
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Trade Associations Based In Lithuania
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products and ...
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Electric Power Companies Of Lithuania
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a unit of ...
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