20 articles
Poland’s energy company Orlen is looking for opportunities to expand its investments in Lithuania’s renewable energy projects, such as the construction of an offshore wind farm in the Baltic Sea and green hydrogen infrastructure in the country, says CEO Ireneusz Fafara.
Renewable energy remains at the core of Lithuania’s updated national energy independence strategy, while installing small nuclear reactors in the country is only one of the options set out in the strategy, says the energy minister. State institutions will not be building them, he says.
President Gitanas Nausėda welcomes discussions on the possibility to install small nuclear reactors in Lithuania when developing the renewable energy sector.
On 12 March 2024, AB AUGA group and its subsidiaries, which develop sustainable agricultural technologies and solutions, commenced the supply of biomethane gas through the natural gas system operated by the gas transmission system operator AB Amber Grid.
A floating measuring station with specialised equipment has been brought to the maritime area of the future offshore wind farm, reports Ignitis Renewables, an international green energy company.
In 2022, the share of renewable energy sources in transport in Lithuania reached 6.7%, while fossil fuels accounted for 93.3% of all the energy used in transport, said Eurostat, the European Union’s (EU) statistical office.
Lithuania has increased its electricity generation last year, mainly due to a double growth in the production from renewable energy sources, the Energy Ministry says.
Energy Minister Dainius Kreivys says further steps to synchronise Baltic power grids with Western Europe and the adoption of the national energy independence strategy are major tasks for Lithuania’s energy sector in 2024.
Finance Minister Gintarė Skaistė on Friday formally submitted the updated national economic recovery plan “New Generation Lithuania” to the European Commission (EC), the ministry said in a press release.
Idex Baltic, a Lithuanian company owned by French renewable energy group Idex which has recently entered Lithuania, is asking Lithuania's Competition Council for permission to acquire Pusbroliai, one of the largest biofuel production and supply companies in Lithuania.
Lithuania plans to hold one renewable energy auction every year in 2020–2022, and each of it will distribute 0.7 TWh of electricity.
Lithuania and Luxembourg signed on Thursday a renewable energy deal, the first of its kind in the European Union, that will enable the Baltic country to sell a part of its renewable energy surplus for 10 million euros.
The new Minister of Energy Žygimantas Vaičiūnas does not deny the possibility that in negotiations to disconnect from the so-called BRELL ring there could be tensions, but states that Russia understands the goals of Lithuania and other Baltic States perfectly well.
Global BOD Group, a Lithuanian group unifying high-tech companies throughout the Baltics, has struck a deal with Sunjaya Purwadi, the governor of the Indonesian region of Cirebon, to build solar power plants in Indonesia.
Lithuanian electricity supplier Inter RAO Lithuania increased its profits by over 40% from €12.3 million in 2014 to €18.8 million in 2015, driven by better performance at its wind farms.
