LITHUANIA
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Commission proposes upgrade of the EU’s energy infrastructure to lower bills and boost independence
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 [...]
The “age of electricity” is here
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 [...]
EU agrees to permanently stop Russian gas imports and phase out Russian oil
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 [...]
A renewables-based energy system will save Europe trillions
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, [...]
Klaipėda port moves closer to becoming the Baltic’s first green hydrogen hub
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 [...]
TSOs of Lithuania, Latvia, and Germany explore development of a Baltic–German interconnector
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 [...]
Joint Expeditionary Force launches enhanced partnership with Ukraine as allies step up further
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 [...]
WindEurope: Offshore wind in Europe in peril
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 [...]
EIB Group consolidates sustainability reporting in landmark 2024 report
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 [...]
Three Quarters of Growth Keep the Port of Klaipėda Ahead in the Baltic Region
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, [...]
Ignitis Group Secures EUR 318M for Kelmė Wind Farm
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 [...]
WindEurope: EU’s Energy security framework revision
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 [...]
World Breaks Renewable Records but Must Move Faster to Hit 2030 Tripling Goal
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 [...]
Ignitis Renewables takes over full control of the Curonian Nord offshore wind farm
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 [...]
Lithuania’s second offshore wind tender fails
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 [...]
Education initiative by Ignitis Renewables: a space for discovery and discussions
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 [...]
International independent experts have assessed the development of the Curonian Nord offshore wind farm in Lithuania
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 [...]
LitGrid modernises key transmission line – boost for renewable energy
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 [...]
EIB Group to accelerate and simplify green investment, boosting European competitiveness, energy security and tech leadership
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 [...]
New support from CEF Energy for wind energy
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 [...]
The first onshore power supply station is being installed at the Port of Klaipėda
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 [...]
NERC temporarily suspended the procedures for the second offshore wind farm development tender
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 [...]
“Europe’s independence moment”: domestically produced wind energy boosts security and competitiveness
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 [...]
Lithuania temporarily suspends tender procedures for development of second offshore wind farm
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 [...]
European Governments must get their act together on wind energy
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. [...]
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