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
Renewable energy developers: now is the right time to develop offshore wind farms
Offshore wind energy in Lithuania is taking its first steps, with the Ministry of Energy planning to announce the first auction for a wind farm in the Baltic Sea in September 2023, and to select the winner in early 2024. The Seimas has already approved a proposal to build another offshore wind farm with p
Experts answer whether wind farms can “inflate” high electricity prices
The Nord Pool electricity price trend is showing a lot of hope for renewable energy: as the winds pick up in Scandinavia, there is an immediate positive effect on the price of electricity on the exchange – the more renewable energy is produced, the more the price of electricity falls. For Lithuania