LITHUANIA

Windpower Monthly rating 3.5/5

Our rating is based on a combination of project pipeline, political and policy support, investor confidence and structural readiness of the country in terms of grid infrastructure, permitting process and local supply chain.

Forecast of installed and operating wind power capacity based on the latest statisitics and measured against the Windpower Intelligence database.

Historically, Lithuania has been dependent on oil and gas imports from Russia, but this can change if the country taps into its own wind and solar resources, according to the Lithuanian Wind Power Association.

Under its national energy strategy, Lithuania aims to have renewables provide 100% of electricity and heating by 2050. This would create a demand for 18TWh of clean energy by mid-century, up from 2.1TWh in 2018 – of which wind provided 1.1TWh.

The European Commission is due to approve a new technology-neutral support scheme in spring 2019 whereby developers compete for premiums to day-ahead market prices. Market prices averaged €50/MWh in 2018.

Through the first auction, the Lithuanian energy ministry would aim to procure 0.3TWh of electricity. It would precede individual tenders for 0.7TWh in 2020, 2021 and 2022.

Barriers to corporate power purchase agreements persist, but the wind power association expects these to be removed.

Offshore, state-controlled energy company Lietuvos Energija is looking for strategic partners with which to develop projects in the European Economic Area and then in the Lithuanian Baltic Sea.

LITHUANIA In-Depth

Little sign of earlier promise in Baltic states

BALTIC STATES: Wind energy in this region kicked off in 2002 and now amounts to an installed capacity of 615MW, with Estonia leading with at 280MW, Lithuania 275MW and Latvia 60MW.

Pockets of opportunity in emerging markets

Pockets of opportunity in emerging markets

EUROPE: Wind energy markets on Europe's eastern outskirts, once fertile terrain for those looking for growth in the face of declining opportunities in more mature markets in western Europe, have lost some of their appeal.

Baltic States - Huge wind gains expected over the coming years

LATVIA: Despite the head of the Latvian Wind Energy Association, Paulis Barons, claiming he is an optimist about the future, he predicts policy stagnation in 2013.

Europe 2020 targets - Lithuania

LITHUANIA: Like its neighbours, Lithuania has ambitious plans with regard to renewable energy targets set by the EU. Its National Renewable Energy Action Plan sets out to exceed the EU renewable energy target by 1%, meaning that 24% of the country's energy should come from renewable sources by 2020. Even better, Lithuania's 2020 target could be met as early as 2017, says the European Wind Energy Association (EWEA). Lithuania expects to generate 21% of its electricity from renewable sources by 2020 and wind power would constitute 9.4% of this figure, producing around 1.3TWh per year. Achieving this would entail an average annual growth of 35MW, not much more than the last five years' rate of 31MW.

Market Status: Baltic States - Instability sees projects fail to pick up speed

BALTIC: The Baltic States have been hard hit by the recent economic crisis, which has slowed development in the wind power industry. Estonia still leads the way with a few promising projects in the pipeline.

Latest LITHUANIA news

Lithuanian support scheme gets EC approval

The European Commission (EC) has approved the proposed €385 million budget to fund Lithuania's technology-neutral renewable energy support scheme through to 2025.

Renerga to expand Lithuania projects

LITHUANIA: Renerga, one of Lithuania's largest renewables producers, plans to invest $20 million to expand its already existing wind assets.

Lithuania government to explore offshore wind

LITHUANIA: The Lithuanian government will investigate the potential of offshore wind in its waters, after the cabinet accepted amendments to a renewable energy law.

Nordex wins second Lithuanian deal

LITHUANIA: Nordex has received a 45MW order from a Lithuanian-based energy fund for a project in the north-west of the country.

Nordex wins first Lithuanian deal

LITHUANIA: Nordex has entered the Lithuanian market after securing a deal with local developer Eurakras to supply turbines to the 24MW Jurbarkas project.

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