Influence of Power Supply Reliability to the Balanced Growth of Economics
Influence of Power Supply Reliability to the Balanced Growth of Economics

Summary/Abstract: Lithuanian sector of energetics is one of the most important in the country according to its significance, the number of employees (approximately 14 % of industrial workers), the total value of the lasting property of energy enterprises (about 25% of all the profit of the country) and the expenditures allocated for the purchase of the energy resources. Energetics embraces the closely related energy sectors (electric power, centralized heat supply, oil, natural gas, coal and local fuel, and renewable energy sources), that comprises the whole of enterprises and facilities for the production, transformation, transfer, distribution and utilization of various energy resources. The extensive energy sector oriented to the great, ineffective use of electric power and oil products, and rather significant export has been inherited from the past. It does not comply with the modern requirements with its main characteristics (effectiveness, management principles, structure, etc.). Thus the primary attention of the state policy recently has been given to the reorganization and privatization of the energy sector and the implementation of the directives of the European Union (the EU).

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