Baltic states aim to join EU energy market

Published: Dec. 3, 2010 at 9:22 AM

VILNIUS, Lithuania, Dec. 3 (UPI) -- The implementation of a plan to integrate the energy markets in the Baltics is a long-term objective, four governments declared after meeting with EU officials.

Representatives from Estonia, Latvia, Lithuania and Poland said after meeting with delegates from the European Union that the Baltic Energy Market Interconnection Plan was on their immediate radar.

The governments said they "confirmed their commitment to implement the BEMIP in a timely and consistent manner as well as their commitment to the long-term objective of synchronous interconnection of the Baltic States with the electricity grid of Europe," the Lithuanian government said in a statement.

BEMIP initiatives were launched in 2008 by the European Council in order to fully integrate the Baltic energy market into the eurozone and strengthen interconnections with neighboring countries.

The four Baltic states said they would meet again in six months to review updates on the progress of BEMIP initiatives and decide on further courses of action. The Lithuanian government said Finland might be included in the next meeting in 2011.

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