Companies that use renewable energy sources in combination with electricity storage batteries reduce electricity costs by around 40%
As the country’s renewable solar and wind energy capacity grows, so does the need for grid balancing to ensure a steady supply of electricity. Although Lithuanian renewable energy producers and consumers have been able to participate in the balancing market for a couple of years now, only a very sma
Lithuanian Wind Energy Association: we risk that the offshore wind farm tender will not attract bidders
The first offshore wind farms in the Baltic Sea, due to come on stream by 2028, are expected to meet half of Lithuania’s electricity needs and ensure greater energy independence. With the government’s approval of the tender conditions for a wind farm in the Baltic Sea, wind energy developers a
Wind energy experts discuss the potential of the first wind farms in the Baltic Sea – could there be challenges, or will supply chain disruptions be a problem?
Wind energy opportunities in the Baltic Sea are attracting increasing interest from renewable energy developers, with an auction for the first offshore wind farm off the coast of Lithuania expected to be announced as early as September this year. According to the energy industry, the biggest challenges in
Offshore wind experts assess Lithuania’s competitiveness in the global market
As Windmission, the most important wind energy conference in the Baltics, kicks off, offshore wind experts discussed the biggest challenges Lithuania is likely to face in implementing its first offshore wind projects in the Baltic Sea. The relatively small Lithuanian market and the uncertain regulatory en
2 new members join the Lithuanian Wind Energy Association
The Lithuanian Wind Energy Association (LVEA) continues to grow. Two new members have joined the organisation, which is now in its seventeenth year: the Baltic law firm Triniti Jurex and the international energy giant Total Energies. Both companies have a solid track record in the wind energy sector and w