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Latvia and Estonia show no enthusiasm about Lithuanian nuclear power plant project

Visagino AE mobilusis informacinis centras
Aliaus Koroliovo nuotr. / Visagino AE mobilusis informacinis centras
Šaltinis: BNS

With experts from the three Baltic countries due to provide their conclusions on the viability of Lithuania's Visaginas nuclear power plant project (VNPP), Latvians and Estonians are waiting for a proposal of a commercially successful project, the business daily Verslo Žinios reports.

"I wouldn't rule out any options. It can be decided that the VNPP is far too expensive and, therefore, alternative electricity generation capacity and electricity supply options need to be looked for. It can be concluded that it is possible to find a formula for the project implementation that would pay for itself in the long term. Or perhaps there will be some compromise proposals," it quoted Ando Leppiman, the deputy secretary general for energy at the Estonian Economics Ministry, as saying.

Latvian Minister of Economics Daniels Pavluts told the paper that his country would not like to participate in commercially unsound energy projects.

"Therefore, a clear proof that the VNPP project is viable is necessary. We cannot afford wasting financial resources on projects that are simply not worthwhile. Therefore, we should wait for experts' conclusions and calculations as to whether it is really possible to modify the project so that it is commercially beneficial," he said.

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