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Agreement with Lithuanian Railways for energy savings
The Ministry of Energy and the largest railway group in the Baltic States, Lithuanian Railways have signed a cooperation agreement on energy savings. Lithuanian Railways plans to save 1.3 TWh of end-use energy by the end of 2030. The agreement is part of the measures provided for in the Law on Energy Efficiency, which aims to save at least 27 TWh of end-use energy over the coming decade, in line with the government’s overall target for its energy savings.
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Ukraine - Kazakhstan Free Trade Agreement
The Kazakhstan - Ukraine Free Trade Agreement aims to foster economic and trade relations between the two countries by eliminating tariffs and other trade barriers. The Agreement offers tariff elimination and reduction for goods including, but not limited to: Electric generation equipment Mechanical equipment including pumps, appliances and other advanced machinery Electric motors, transformers, batteries and capacitors Motor vehicles Mineral ore and processed products including manganese, copper, aluminium, and nickel Various products manufactured using the above minerals and metals, such as sheets, powders, bars and plates Photovoltaic cells The Agreement also includes rules of origin and local content provisions. Goods are counted as originating if they are wholly…
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Law on Energy from Renewable Sources
The Law on Energy from Renewable Sources establishes the legal basis for the regulation, supervision and control of renewable energy sources in Lithuania. The law was lastly revised in 2023 to notably update biofuel blending mandates up to 6.6% in petrol and 6.2% in diesel.
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Law on Energy
Under the Law on Energy, energy operators are required to take measures to reduce the amount of greenhouse gases released into the atmosphere as part of their activities (Article 21).
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Matthieu Prin
Programme Coordinator.
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Christine Lagarde
President of the European Central Bank. She is a French politician and lawyer who has served as President of the European Central Bank since 2019. She previously served as the 11th Managing Director of the International Monetary Fund (IMF) from 2011 to 2019. Lagarde had also served in the Government of France, most prominently as Minister of the Economy, Finance and Industry from 2007 until 2011. She is the first woman to have hold each of those posts.
