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, including in Lithuania. […]

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 presented international reports: Our […]

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 October the country’s wind parks […]

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 the upcoming 2020 be like for […]

New trend among various international corporations has emerged recently of purchasing clean electricity directly from the renewable energy producers. These include well-known brands like Facebook, Microsoft, Amazon, BMW, Heineken, Lego and many others. Lithuanian businesses are likely to do the same soon – legislative amendments currently discussed in the Lithuanian Parliament would open up such […]