At present, Lithuania is facing many fundamental transformations in the energy sector and in the whole economy. The rational and efficient use of all energy carriers in all stages of the energy sector is a permanent objective of the Lithuanian energy policy. Energy conservation can be understood...

This paper describes recent changes in the Lithuanian economy and the energy sector. It presents a methodology of energy planning in Lithuania, and describes the main principles of energy demand forecasting based application of econometric models and the simulation MAED model. It also presents a...