Specificities of Administration and of Lithuanian Electricity Energetic and its Development
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Abstract
Worldwide economy’s liberalization trends, started after successful examples of the United Kingdom in the West two decades ago have also touched Lithuanian electricity energy market – the long-lasted monopolistic vertical structure of electricity energetic has been transformed into restructured liberal model of market.
Group of factors (geopolitical, socio-economic, legal) had substantial influence on the development of Lithuanian electricity energetic administration. During the pre-accession into EU period Lithuania has created legal basis for electricity energy liberalization and chose the „Nord pool“ model of electricity market. Administrative basis necessary for activities of electricity market in liberalized electricity market of Lithuania has been created and are functioning: a) restructuring of sector in pursuance to separate production process, transportation and transmission, was accomplished; b) legal basis for electricity market operation and its administration, has been created (international legal acts were harmonized, laws on energy and electricity energy as well as related acts were legislated); c) competences of administration in electricity energy sector were delegated to respective institutions (Ministry of Economy, National Control Commission for Prices and Energy).
Group of factors (geopolitical, socio-economic, legal) had substantial influence on the development of Lithuanian electricity energetic administration. During the pre-accession into EU period Lithuania has created legal basis for electricity energy liberalization and chose the „Nord pool“ model of electricity market. Administrative basis necessary for activities of electricity market in liberalized electricity market of Lithuania has been created and are functioning: a) restructuring of sector in pursuance to separate production process, transportation and transmission, was accomplished; b) legal basis for electricity market operation and its administration, has been created (international legal acts were harmonized, laws on energy and electricity energy as well as related acts were legislated); c) competences of administration in electricity energy sector were delegated to respective institutions (Ministry of Economy, National Control Commission for Prices and Energy).
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