Ignitis grupė's Supervisory Board has approved Vytenis Koryzna as final CEO candidate; his election awaits background checks. He would succeed Darius Maikštėnas in March 2027.
Klaipėda is rebuilding on three tracks at once: a EUR 600 million southern expansion, NATO-ready quays financed by the EIB and early work on green methanol bunkering.
From Klaipėda's 2033–2044 LNG bookings to ORLEN's Norwegian stake and NATO's warning, the Baltic region is pursuing gas diversification, support for Ukraine and homegrown power at once.
EU funding for subsea cable repair covers telecom lines, not the power cables carrying offshore wind and interconnector traffic, leaving grid operators to pool their own vessels and spares as a nascent rental market fills the equipment gap.
The Klaipėda State Seaport Authority has launched a construction tender for a southern port expansion that will create 100 hectares of new land and lift capacity to about 30 million tonnes of cargo a year.
A feature on the actors behind Lithuania's rise towards 7 GW of renewables: the Kelmė wind farm and EIB financing, Ignitis's pivot to grids and storage, Klaipėda's port expansion and a prosumer boom.
A EUR 100 million EIB loan will adapt Klaipėda's cruise terminal for NATO vessels and fund shore power, green hydrogen and offshore wind quays in a EUR 201 million programme due by end-2027.
A sensor buoy four nautical miles off Klaipėda now streams sea and GPS-interference data to shore, serving as a fixed reference for ships when satellite navigation fails.
Prevention and detection dominate the debate on Baltic subsea infrastructure. Repair capacity - vessels, spare sections and crews - is the thinnest layer, and the European funding that exists mostly covers telecom cables rather than power.
Energy ministers from the eight Nordic and Baltic countries met in Tallinn on 4 September to discuss Ukraine, the protection of critical energy infrastructure and market competitiveness, with Finland pressing for EU support on repairing undersea assets.
Permitting used to be the hard part. Now it is the wires: 72 TWh curtailed across Europe, 800 GW stuck in connection queues, and a Baltic hybrid interconnector facing a decision point.
The Klaipėda State Seaport Authority has completed a concept design for an 800-tonne green methanol bunkering vessel, alongside a study of Baltic demand for alternative marine fuels.
Mine clearance, anti-submarine patrols, air defence and a defence-tech accelerator each protect Baltic energy assets in part. None of them was designed to, and the financing question is still open.
Site preparation has started in the southern part of the Port of Klaipėda, with breakwater construction to follow this autumn under a EUR 24.5 million contract with Tilsta.
Lithuania's outgoing deputy energy minister Airidas Daukšas has reviewed his term, citing a 55% renewables target for 2030, more than 193,000 prosumers and installed capacity heading towards 7 GW by year-end.
Ignitis Renewables is building three battery farms in Lithuania with 291 MW of power and 584 MWh of capacity, sited next to existing wind farms and the Kruonis pumped-storage plant.
The European Investment Bank has added a €150 million loan for Lithuania's 314 MW Kelmė wind farm, bringing its total backing to €250 million.
Lithuania will add EUR 4m for solar-plus-storage at Ukrainian public buildings and open a new LNG supply stage to Ukraine via Klaipėda, Energy Minister Vaičiūnas said.
Lithuania, Latvia, Estonia and Poland agreed in Vilnius to accelerate joint protection of energy infrastructure against hybrid threats, prioritising counter-drone systems.
Lithuania's Klaipėda LNG terminal has booked over 20 TWh of long-term capacity to 2044, with Ukraine's Naftogaz and Finland's Gasum joining as first-time customers.
Ignitis Renewables hosted 150 participants from over 20 Lithuanian communities in Kaunas, sharing EUR 1.3 million in community grants and running energy education workshops for young people.
Ignitis Group has announced a EUR 2.5–3.0 billion Strategic Plan for 2026–2029 centred on green flexibility technologies, grid expansion, and a value-over-volume investment approach.
The US House Foreign Affairs Europe Subcommittee examined threats to Estonia, Latvia and Lithuania, with Chairman Self warning that NATO’s credibility hinges on credible deterrence along the Baltic frontier.
The third day at the WindEurope Annual Event 2026 is all about offshore wind. Europe needs to move from crisis to confidence – with homegrown and secure renewable electricity. Three months after the North Sea Summit in Hamburg, governments and industry meet in Madrid to turn offshore wind commitments into action. The war in Iran [...]
The second list of Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs) has been published in the Official Journal of the European Union . It outlines 235 selected cross-border energy infrastructure projects that will strengthen energy connectivity across the continent, bringing nearer the completion of the Energy Union. Once in force, in 20 days time, it [...]
Good evening, let me start with the Middle East. The situation in the region is extremely serious. It is causing great instability, suffering, and growing risks far beyond the region itself. This is why we need de-escalation and maximum restraint, the protection of civilians and civilian infrastructure. And I want to say a word about [...]
The European Commission today published its Industrial Accelerator Act. It aims to strengthen Europe’s economic competitiveness and to boost its clean tech manufacturing capacity. A simple and harmonised implementation of these new rules will be critical to its success. The last days have shown, yet again, how vulnerable Europe’s energy system is to geopolitical shocks. Natural gas [...]
The energy ministers of Lithuania, Latvia, and Germany today in Paris signed a joint declaration of intent on cross border renewable electricity capacity and infrastructure. The Lithuanian (Litgrid), Latvian (Augstsprieguma tīkls), and German (50Hertz) electricity transmission system operators agreed to assess the feasibility of the Baltic–German PowerLink hybrid electricity interconnection. "Lithuania, Latvia, and Germany are [...]
On 4 February, representatives of the Nordic Council of Ministers’ Office in Latvia met with Kaspars Melnis, Minister for Climate and Energy. The meeting brought together Nina Hvid Enevoldsen, Director of the Office, and Gints Janums, Energy and Sustainability Advisor, alongside representatives of both institutions. The courtesy meeting highlighted 35 years of Nordic-Baltic cooperation and [...]
On 3 February 2026, the US Congress took an important decision for European and Baltic security by approving USD 200 million funding for the continuation of the Baltic Security Initiative in 2026, aimed at reinforcing the defence capabilities of the Baltic states and deepening defence cooperation with the United States. The Baltic Security Initiative allows the Baltic states to [...]
Submarine data cables, carrying 99% of intercontinental internet traffic, are essential for modern life and the European economy. As the EU faces increasing risks to this critical infrastructure, the European Commission is intensifying efforts to enhance its security and resilience. It was introduced a new Cable Security Toolbox of risk mitigating measures and a list [...]
Across Europe, consumers are optimistic towards the energy transition yet almost everyone wishes for stronger governmental support. Many value a climate-friendly lifestyle but there is a gap between countries. Also, every second consumer would be willing to pay more for fossil-free electricity. All according to the latest results in Vattenfall’s Energy Barometer. On behalf of [...]
Over the next four years, Klaipėda Port Authority plans to invest in projects that will strengthen the port’s competitiveness, support cargo growth, and significantly contribute to sustainability. By 2029, a total of €775 million is planned to be invested in developments that are important not only for the port, but for Lithuania as a whole. [...]
Submarine data cables, carrying 99% of intercontinental internet traffic, are essential for modern life and the European economy. As the EU faces increasing risks to this critical infrastructure, the European Commission is intensifying efforts to enhance its security and resilience. Yesterday, it introduced a new Cable Security Toolbox of risk mitigating measures and a list [...]
The European Commission has opened an in-depth investigation to assess, under the Foreign Subsidies Regulation ('FSR'), the activities of Goldwind Science & Technology Co., Ltd. ('Goldwind') in the production and sale of wind turbines and the provision of related services within the EU. The Commission has preliminary concerns that Goldwind may have been granted foreign [...]
In 2025, cargo volumes at the Port of Klaipėda continued to rise consistently, with several cargo segments reaching all-time highs. Particularly strong results were recorded in container cargo, ro-ro traffic, liquefied natural gas (LNG), oil products, minerals, and construction materials. Passenger traffic also reached new heights, with hundreds of thousands of people choosing sea routes [...]
In 2025, ENTSO-E delivered a comprehensive set of legally mandated activities that reinforces its role in supporting the secure and efficient operation of Europe’s power system. In total, 96.3% of projected deliveries under the AWP 2025 were successfully completed. Key achievements of 2025 include the publication of the Bidding Zone Review report, the publication of ERAA 2025, [...]
As Europe’s energy landscape evolves new strategic hotspots for resilience and growth are emerging, notably the Baltic Sea. The countries of the Baltic Sea region and Central and Eastern Europe have built their energy policies around security of supply for many years. Baltic Sea countries are also well-established and fast-growing markets for new energy developments, [...]
To assess the potential impact of the offshore wind park on bats, in March of 2025 the joint Estonian – Latvian project ELWIND signed an agreement with the Polish company “3Bird”, which has extensive experience and studied the impact of offshore wind parks on these protected animals in other similar projects. The study was conducted [...]
Europe’s wind industry is preparing for one of its flagship gatherings as more than 16,000 participants and 500 exhibitors head to IFEMA Madrid for WindEurope’s Annual Event 2026, taking place from 21 to 23 April 2026. This year’s edition brings together the full wind value chain at a pivotal moment for Europe’s energy transition. Attendees [...]
WindEurope has officially launched the Call for University Proposals for its 2026 Annual Event, taking place on 21–23 April 2026 in Madrid. The organisation invites universities across the EEA, Switzerland and the UK to submit applications for student participation in one of Europe’s most important wind energy gatherings. The 2026 edition introduces a significant thematic [...]
The Baltic countries’ synchronisation with continental Europe won the prestigious Project of the Year award at the Project Management Institute (PMI) awards ceremony held in Phoenix, Arizona. One of the largest and most widely renowned associations of project management professionals recognized the successful implementation of this complex project ahead of schedule. “This global recognition once [...]
Ignitis Renewables, an international green energy company, has reached one of the most important milestones in the development of the Curonian Nord offshore wind farm by completing the Environmental Impact Assessment (EIA) report. It was presented to the public during the meetings held at the cities of Palanga, Neringa and Klaipėda as well as to the residents [...]
The synchronization of the Baltic states with continental Europe won the global "Project of the Year" award. The Project Management Institute (PMI), one of the world's largest and best-known project management organizations, recognized the complex and accelerated implementation of the synchronization project at an award ceremony in Phoenix, Arizona. The synchronization of the Baltic states [...]
The backbone of European energy system, the grids infrastructure, will be modernised and expanded to unleash its full potential. The Commission's European Grids Package and the Energy Highways initiative, proposed today, will enable energy to flow efficiently across all Member States, integrating cheaper clean energy and accelerating electrification. This will help lower energy prices and support affordable living for all Europeans. It will ensure secure [...]
The International Energy Agency’s World Energy Outlook 2025 confirms that electricity is quickly becoming the backbone of the global energy system. Electricity demand is soaring. Renewables are continuing to rise globally. But Governments are too slow in delivering the infrastructure needed to electrify industry, mobility and heating. And they need to address new supply chain [...]
The European Union will effectively and permanently stop the import of Russian gas and move towards the phaseout of Russian oil under the provisional political agreement reached by the European Parliament and the Council today. This historic decision will end the EU's dependence on an unreliable supplier, which has repeatedly destabilised European energy markets, put at [...]
Renewables are the cheapest form of power generation. But this doesn’t tell the full story. What about the costs of grids, storage, and back-up? WindEurope’s latest study done in cooperation with Hitachi Energy shows that even when accounting for the grids, storage and back-up, a system running on high shares of renewables is the cheapest, [...]
A significant milestone has been reached in the Klaipėda Port green hydrogen production project, which has no analogues in Lithuania or neighboring ports: the equipment has arrived at the site where the hydrogen station will be built. The project developers have moved even closer to their goal following the successful completion of tests on the [...]
Litgrid, Augstsprieguma tīkls AS and 50Hertz Transmission GmbH, the transmission System Operators (TSOs) of Lithuania, Latvia, and Germany are jointly exploring the development of a Baltic–German hybrid interconnector. This project aims to create a direct electricity link between the Baltic States and Germany, strengthening cross-border energy security and supporting the green transition. This year, project [...]
Euro-Atlantic security will be significantly strengthened in the High North and Baltic Sea as the UK and allies from across the region ramp up their military cooperation and agree an enhanced partnership with Ukraine. Joint Expeditionary Force (JEF) defence ministers meet with Ukrainian counterpart as they launch new enhanced Ukraine-JEF partnership. JEF meeting in Bodø [...]
Europe needs more offshore wind to deliver its energy goals. Governments and society want it. And heavy industry want it to help them decarbonise. But as things stand the necessary expansion of offshore wind is not happening. The business case for new offshore wind farms is not where it was and where it should be. [...]
EIB Group unveils first consolidated Sustainability Report, aligning with EU standards and streamlining key disclosures. EIB Group committed a record €51 billion for climate action and environmental sustainability in 2024, driving the green transition in Europe and beyond. The average greenhouse gas emissions intensity for electricity generation projects in the EIB Group’s portfolio fell by [...]
Over the first nine months of this year, cargo throughput at the Port of Klaipėda increased by 11% compared to the same period last year, reaching 28.7 million tons. The largest share of cargo flow consists of container cargo and ro-ro, alongside a significant increase in LNG and construction materials. “Behind Klaipėda Port’s cargo statistics, [...]
Ignitis Group has secured EUR 318 million in project financing for the Kelmė wind farm in Lithuania. The financing package was provided by a strong syndicate comprising both institutional and commercial banks, to cover the costs incurred in constructing the largest wind energy project in the Baltic region. The financing includes: EUR 100 million from [...]
Europe must act now to secure its place as the safest and most attractive industry and energy investment hub - strengthening its energy security and independence. Investors do not need new promises, they need certainty. This means full speedy implementation of existing EU rules – especially the new excellent EU permitting framework - rather than [...]
New global progress report flags bottlenecks in investment, grids and supply chains, urging governments for bolder renewable targets before COP30. Abu Dhabi, United Arab Emirates / Brasília, Brazil, October 14, 2025 – The world is falling behind on its renewable energy and efficiency goals despite record progress last year, confirms a new report released today by [...]
AB “Ignitis grupė” (hereinafter – the Group) informs that following the National Energy Regulatory Council’s (hereinafter – NERC) approval on 10 October, UAB “Ignitis renewables” (hereinafter – Ignitis Renewables) has signed a sale and purchase agreement with OW Offshore, S.L. (hereinafter – Ocean Winds) for the acquisition of 49% shares in UAB “Offshore wind farm [...]
The National Energy Regulatory Council (NERC) of Lithuania has announced that the second tender for the development of an offshore wind park has failed. The failure comes as only one participant registered by the application deadline, falling short of the legal requirement for a successful tender. Insufficient Registration Leads to Tender Failure According to the [...]
This summer, Ignitis Renewables, an international green energy company, invited people to learn more about renewables. During the education season that lasted over three months, the company visited eight regions of the country, from Kėdainiai to Šventoji, and created opportunities for thousands of people to experience the power of wind. “Renewable energy is inseparable from [...]
Even though the offshore wind market currently faces headwinds, the Curonian Nord offshore wind project developed by Ignitis Renewables in Lithuania is well-managed and aligns with industry best practices. These conclusions were made by a research and consultancy company for the global renewables industry, Wood Mackenzie, which has analysed the project's timeline, investment assumptions and [...]
Lithuanian transmission system operator LitGrid is beginning the modernisation of the strategic 330 kV Aizkrauklė–Panevėžys line, which connects the Lithuanian power system with Latvia. Following completion of the design phase and obtaining building permits, a tender for the construction work has been announced. The investment is not only intended to increase the reliability of the [...]
EIB Board adopts second phase of pioneering Climate Bank Roadmap, focusing on competitiveness, security and lower energy prices for companies and families. Plan includes doubling of investment for climate change adaptation, along with radically simplified procedures. Decision consolidates EIB Group’s role as the Climate Bank and reaffirms commitment to staying the course as anchor financier [...]
The European Commission has announced its decision to award €76.3 million to three cross-border renewable energy projects under the CEF Energy instrument. Two of these projects directly concern the development of wind energy and show that wind remains one of the pillars of the energy transition in the EU. The largest grant will go to [...]
The Port of Klaipėda is completing its first quay electrification project. An onshore power supply station has already been installed at the Port Authority’s Fleet Base and will be tested by the end of the year. It will provide electricity to the new hydrogen and electric-powered waste collection vessel arriving in Klaipėda later this year. [...]
The National Energy Regulatory Council (NERC) has temporarily suspended the procedures for the second offshore wind farm development tender. The Council made this decision at today's meeting in response to last week's decision by the Government to temporarily suspend the tender procedures and resume them on October 6. Once the tender is resumed, documents may [...]
In her 2025 State of the Union address EU Commission President Ursula von der Leyen highlighted the new geopolitical reality in which economic competition and national security are intertwined. She stressed the need for Europe to massively invest in digital and clean technologies to ensure the future continues to be made in Europe. In her [...]
The State Energy Regulatory Council (VERT) has temporarily suspended the tender procedures for the development of a second offshore wind farm. The Council made this decision at yesterday's meeting, responding to last week's government decision to temporarily suspend the tender procedures and resume them on October 6. After the competition resumes, documents can be submitted [...]
WindEurope released the latest wind energy data today. It shows Europe built 6.8 GW of new wind in the first half of 2025. That’s less than expected and not nearly enough to deliver the EU’s 2030 energy security and climate targets. Except for Germany, most countries in Europe are not doing enough to build more [...]
In the second quarter of this year, Litgrid, the Lithuanian electricity transmission system operator, continued to provide seamless operation of the electricity system in the Continental Europe Synchronous Area, which Lithuania joined in February together with the other Baltic countries. Strategic projects ensuring Lithuania's energy independence were also completed in April–June. Litgrid continued to ensure [...]
Europe aims to increase its offshore wind capacity from 36.6 GW today to 84 GW by 2030. The maritime supply chain—particularly shipbuilding and port infrastructure—plays a critical role in supporting Europe’s energy security. But one of the most pressing challenges today is the lack of timely investment in vessel manufacturing and port infrastructure. Today Europe [...]
Renewables, natural gas and nuclear are set to meet the additional demand as the world’s use of electricity rises for industry, appliances, air conditioning, data centres, EVs and more. Global electricity demand is expected to expand at one of the fastest sustained paces in over a decade despite ongoing economic pressures, according to a new [...]
European citizens and businesses want affordable, secure, and clean energy. Homegrown wind energy helps boost Europe’s competitiveness, security and prosperity while delivering on decarbonisation. But insufficient grid build-out is hindering the deployment of wind energy. It leads to grid access restrictions, congestion and curtailment. Electricity demand in Europe is expected to rise by 60% by [...]
The Port of Klaipėda has officially announced a request for expressions of interest (EOI) in the Klaipėda Southport Development Project – the most extensive expansion in the port’s history. This landmark project aims to significantly increase Klaipėda’s cargo handling capacity and create new opportunities for advanced industrial and logistics operations. “The Southport Development Project is [...]
Ignitis Renewables, an international green energy company, continues to provide significant financial support to communities located near wind and solar farms that are under development or already in operation. This year, it plans to allocate over EUR 420 thousand to communities. Over the last four years the financial support granted by Ignitis Renewables to communities in [...]
Unique educational activities organised by an international energy company Ignitis Renewables will take place from 15 June to 13 July next to Jūratė and Kastytis Square on J. Basanavičiaus Street. Visitors will learn about the wind energy through fun and interactive activities for the whole family. The education space was opened on 15 June to [...]
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 base in Lithuania. EIB Group shareholders launch largest EU programme to fund Europe’s technological [...]
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 generation from solar (from 40.9 TWh in the first quarter 2024 to 55 TWh [...]
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 at fostering better cooperation and coordination on key energy policy issues. Outlined in the Action [...]
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 the agreement, Litgrid will buy up to 160 GWh of electricity generated from renewable [...]
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 of offshore wind. The creation of this working group is particularly timely, as Lithuania [...]
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 16, 2025. KEY INFORMATION Purpose of the memorandum: to strengthen cooperation in the protection [...]
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 representatives of key stakeholders from across the Baltic Sea region, with the main goal [...]
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 their energy systems, offering a lifeline to millions of European citizens struggling to pay [...]
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 the tender terms and conditions, the procedure for recalculating the transaction price and development [...]
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 permit has been received. “Klaipėda Port has set an ambitious goal – to become [...]
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 the launch of Kelmė wind farm I. The Group has announced that it will [...]
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 to potential investors. Following the Seimas' approval of amendments to the Renewable Energy [...]
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 of safety and protection of maritime infrastructure play a vital role 13 May 2025 [...]
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 parties pledged to work closely together in investing in and completing infrastructure projects and [...]
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 proposal submitted by transmission system operators in January. Regulators from Estonia, Finland, Latvia, Lithuania, [...]
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. “With all Baltic electricity transmission system operators having joined the PICASSO platform, cross-border exchanges [...]
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 of the interconnector on the Lithuanian side – a 220 kV transmission line and [...]
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 wind farm I is the largest wind energy project implemented by Ignitis Renewables in [...]
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, underscores a commitment to ensuring that the burgeoning offshore wind sector delivers maximum benefits [...]
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 Climate and Energy of the Republic of Latvia, and Volker Oschmann, Director General for [...]
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 the share of renewables increased, all while keeping prices in check. The year 2024 [...]
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 are now starting to add large wind capacities, making their economies more energy independent [...]
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 or the state, but by the Catholic Church. Since then, Lithuania saw major progress [...]
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 wind and hydro) and Croatia (73.7%, mostly hydro). The lowest shares of renewables were [...]