Lithuanian Wind Power Association is growing – three new members have joined the association
Three new members have joined the Lithuanian Wind Power Association: the renewable energy holding company E energija, the investment management company Synergy Finance licensed by the Bank of Lithuania and the electricity trading company Axton Commodities. The association currently has 29 members. E energ
Lithuanian wind power association: auction results indicate maturity of the sector
To our knowledge, this is the first case in Europe in an onshore renewable energy auction for a developer to win with a zero bid. At the same time, however, it is important to note that this trend will not necessarily persist in subsequent auctions. The renewable energy sector is changing rapidly, includi
International experts: Baltic Sea has 83 GW of potential
In pursuance of the renewable-energy targets set by the European Union (EU), 83 GW of wind power capacity can be installed throughout the Baltic Sea by 2050. The more quickly this happens, the more beneficial it would be for the countries around the Baltic Sea. These are the conclusions made in recently
Wind power plants produced 20 % more power this year
In ten months, the wind parks operating in Lithuania have produced 1.1 TWh of electricity, almost 20 percent more than during the same period last year. The final figure of the full year is now expected to break the record of 2017. Lithuanian energy exchange Baltpool has recently announced that in Octobe
Aistis Radavičius. Overview and forecast: will Lithuania establish itself as one of the leaders in wind energy?
The end of the year has clearly shown that, having set ambitious goals, Lithuania is becoming an increasingly important spot on the European wind energy map. Our country attracted attention in international events, it was the object of expert comments and has been closely watched by investors. What will t