Danila Bochkarev on Lithuanian Energy Security

News | August 02, 2012

In an article assessing the implications of Lithuania's latest energy initiatives, which include a liquefied natural gas (LNG) terminal and a new nuclear power plant in Visaginas, EurActiv cited EWI fellow Danila Bochkarev on their feasibility.

“I am positive regarding Lithuania’s ability to build LNG terminal," notes Bochkarev.

“The situation is less rosy with nuclear," he adds, "Visaginas plant is expected to cost €7 billion [or 20 % of GDP of Lithuania, 40 % of Estonia’s GDP or 32 % of Latvia’s GDP], a cost which is likely to increase during the construction, especially taking into account new safety requirements of post-Fukushima 'nuclear era'."

Click here to read the article at EurActiv.