LITHUANIA
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EIB Group increases 2025 financing ceiling to record €100 billion to step up investments in security and defence, energy grids and Europe’s tech leadership
The 27 Member States endorse plan to increase new financing to record of up to €100 billion in 2025. Revised ceiling includes 3.5% of total financing for European security and defence. EIB Board also approves landmark project for construction of military [...]
Share of electricity from renewables falls in early 2025
In the first quarter of 2025, 42.5% of net electricity generated in the EU came from renewable energy sources. Compared with the first quarter of 2024, this represents a 4.3 percentage points (pp) decrease (from 46.8%). The significant increase in electricity [...]
New Energy Union Task Force to reinforce pan-European energy cooperation
In the margins of Transport, Telecommunication and Energy Council, the European Commission and the Polish Presidency of the Council have launched the Energy Union Task Force. Comprising high-level representatives from the European Commission and Member States, the Task Force is aimed [...]
Ignitis will supply Litgrid electricity for 7 years for a fixed price
An energy solutions company Ignitis and the Lithuanian electricity distribution system operator Litgrid signed a power purchase agreement (PPA) worth EUR 82.3 million (excluding VAT). The agreement was concluded on 19 June and will take effect starting from January 2026. Under [...]
Lithuania Establishes Working Group to Accelerate Offshore Wind Energy Development
Lithuania has established a dedicated working group to oversee the strategic development and implementation of its offshore wind energy goals. The group, chaired by Gabriel Gorbačevskis, Energy Adviser to the Prime Minister, underscores the nation’s commitment to harnessing the vast potential [...]
Memorandum on the protection of energy infrastructure in the Baltic Sea
In response to growing geopolitical threats and the importance of energy security for regional stability, Poland, Estonia, Lithuania, and Latvia signed a Memorandum of Cooperation on the Protection and Resilience of Energy Infrastructure, with particular emphasis on subsea infrastructure, on June [...]
Baltic Sea Offshore Wind Summit Program Council begins work on agenda for November summit in Brussels
It is with great satisfaction that I share my reflections after the first meeting of the Baltic Sea Offshore Wind Summit Program Council, which I had the honor of co-organizing with the Royal Danish Embassy in Warsaw. This event brought together [...]
The cost of keeping warm: delivering a just clean heat and cooling transition for European citizens
By Delia Villagrasa, director the Cool Heating Coalition, EUSEW’s partner organisation and Beatriz Yordi, Director, Carbon Markets and Clean Mobility, DG CLIMA, European Commission, explain how the Emissions Trading System 2 (ETS2) raises funds for Member States to invest in modernising [...]
Offshore wind farm tender in Lithuania relaunched
The tender for the right to develop a second 700 MW offshore wind farm will be relaunched on 9 June, the Government decided last week. The tender will be implemented by the National Energy Regulatory Council (NERC). Following the renewal of [...]
Klaipėda Port begins green hydrogen journey
Klaipėda Port is moving toward its goal of becoming the first in Lithuania and the Baltic States to produce and supply green hydrogen for vessels, various types of port equipment, and private transportation. Construction works will begin soon – a construction [...]
Ignitis Group’s ambitious Strategic Plan 2025–2028: paving the way towards 100% green and secure energy ecosystem
Investments: EUR 3.0–4.0 billion over the 2025–2028 period. 59% of the investments will be directed towards further development of the Green Capacities portfolio and 36% to the electricity distribution network. 3M 2025 results showed strong performance and strategic execution, marked by [...]
Lithuanian Seimas approved amendments to the terms and conditions of the tender for an offshore wind farm
The Lithuanian Seimas approved the further development of offshore wind energy. With the updated tender conditions, the offshore wind farm will provide greater benefits to consumers, will not have a negative impact on onshore wind farms, and will be more attractive [...]
Eight Baltic Sea TSOs publish roadmap for efficient and resilient offshore grid to connect the countries
The Baltic Sea Map with the projects under consideration, in planning, under construction and existing in the Baltic Sea. Expert-paper presented at the Conference of Energy Ministers in Warsaw Potential of 93 GW Offshore Capacity in the Baltic Sea Basins Questions [...]
Supplier Day – new prospects for cooperation in offshore wind energy
In the margins of the informal meeting of EU energy ministers in Warsaw, Commissioner for Energy and Housing Dan Jørgensen and energy ministers of the Baltic Energy Market Interconnection Plan(BEMIP) High-Level Group have signed a new Memorandum of Understanding (MoU). The [...]
Baltic Regulators Request More Time on Long-Term Electricity Capacity Calculation Decision
Baltic energy regulators have requested a three-month extension from the EU Agency for the Cooperation of Energy Regulators (ACER) to decide on a proposed long-term capacity calculation methodology for electricity trading. Originally due by 22 March 2025, the decision concerns a [...]
New services launched in the Baltic balancing market after all three countries joined PICASSO platform
Litgrid, Augstsprieguma tīkls and Elering, the electricity transmission system operators of Lithuania, Latvia, and Estonia, have launched new reserve services in the Baltic balancing capacity market following the accession of all three countries to the European balancing energy exchange platform PICASSO. [...]
Litgrid commences design work for the Harmony Link overland interconnector
Lithuania’s electricity transmission system operator, Litgrid, has signed a contract for the design workk of the Harmony Link overland electricity interconnector with Poland. The appointed contractor will be responsible for preparing the main technical solutions and designing the key infrastructure elements [...]
The first stage of Kelmė wind farm has reached commercial operations date
Ignitis Renewables, an international green energy company, has completed the first stage of the largest wind energy project in Lithuania and the Baltics, Kelmė wind farm. The 114-megawatt (MW) Kelmė wind farm I has successfully reached the commercial operations date. “Kelmė [...]
700MW Lithuanian offshore wind tender re-launched
The Lithuanian government has thrown its weight behind the further development of offshore wind energy in the Baltic Sea, approving revisions to the tender process for a significant offshore wind farm project. This move, announced following a government meeting in Vilnius, [...]
Lithuania, Latvia and Germany plan an offshore electricity interconnector
On 9 April, Minister of Energy of Lithuania Žygimantas Vaičiūnas attended the annual conference of the European Wind Energy Association, Wind Europe 2025, in Copenhagen (Denmark). During the conference, Minister of Energy Mr Vaičiūnas met with Kaspars Melnis, Minister for [...]
EU Energy in Q4 2024: Market Resilience and Record Share of Renewables
Based on the latest data published by the European Commission, EU electricity and gas markets demonstrated strong resilience and stability in the fourth quarter of 2024. Despite a seasonal increase in gas demand, energy supply remained secure, market integration continued, and [...]
How 5 EU countries are fast-tracking onshore wind to boost their energy independence
Germany, Poland and the Baltic States have suffered big economic damage from rising fossil fuel prices. They are now rushing to reduce their dependence on fossil imports. They see wind as the key solution here. Thanks to recent policy changes, they [...]
Twenty years of wind energy in Lithuania: from the first steps to energy independence
The history of modern Lithuanian wind energy spans two decades, with the Lithuanian Wind Power Association (LVEA) also celebrating its 20th anniversary. It all began with the little-known fact that the first wind turbine in Lithuania was initiated not by businesses [...]
Electricity from renewable sources reaches 47% in 2024
In 2024, 46.9% of net electricity generated in the EU came from renewable energy sources. Among EU countries, Denmark had the highest share of renewables in its net electricity generation with 88.4%, coming mostly from wind, followed by Portugal (87.5%, mostly [...]
Minister of Energy: Lithuania’s offshore wind development must deliver benefits for consumers and the state
The Lithuanian Ministry of Energy has launched a public consultation on proposed amendments to the Renewable Energy Law, aimed at ensuring that the development of the country’s first offshore wind farm will maximize benefits for consumers and the state. The new [...]
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