{"id":15811,"date":"2026-03-09T08:38:52","date_gmt":"2026-03-09T08:38:52","guid":{"rendered":"https:\/\/lvea.lt\/?p=15811"},"modified":"2026-03-09T08:38:52","modified_gmt":"2026-03-09T08:38:52","slug":"energy-sector-lithuania-could-become-an-attractive-location-for-large-electricity-consumers","status":"publish","type":"post","link":"https:\/\/lvea.lt\/en\/energy-sector-lithuania-could-become-an-attractive-location-for-large-electricity-consumers\/","title":{"rendered":"Energy Sector: Lithuania Could Become an Attractive Location for Large Electricity Consumers"},"content":{"rendered":"

Lithuania is rapidly expanding its renewable energy capacity and is approaching the point where it will be able to produce as much electricity as it consumes. Last year alone, wind energy met one-third (33%) of the country\u2019s total electricity demand. According to this indicator, Lithuania shares second place in the European Union (EU) with Ireland and significantly exceeds the EU average (19%). As capacity grows, a new question arises: will the energy system be able to adapt to this pace, and will there be enough electricity consumers? These challenges were discussed at the annual Lithuanian Wind Power Association (LVEA) conference \u201cWIND Vision.\u201d<\/strong><\/p>\n

The conference held in Vilnius brought together representatives from the energy sector, business, and politics, as well as international wind energy companies, including Nordex Group, Enercon, Enefit Green, and Nordbalance.<\/p>\n

\u201cLast year was exceptional for Lithuania in the energy sector – we synchronized our electricity system with the continental European networks, reached the lowest level of energy imports since the closure of the Ignalina Nuclear Power Plant, and generated a record amount of electricity from renewable sources. However, this is not the end of the road – by 2028 we must ensure that Lithuania produces as much electricity as it consumes,\u201d said Ram\u016bnas Dilba, a Presidential Office representative for infrastructure issues, during the conference.<\/p>\n

\"\"<\/p>\n

One of the panel discussions at the conference focused on the concrete decisions that could shape the development of Lithuania\u2019s energy system in the coming years.<\/p>\n

\u201cWhen discussing Lithuania\u2019s energy architecture up to 2030, we must understand that this is not a single solution or the responsibility of one institution. It is a puzzle that must be assembled by everyone- from policymakers to infrastructure operators and investors,\u201d said Arnoldas Pik\u017eirnis, Deputy Director of LVEA and moderator of the discussion \u201cEnergy Architecture: Where Is the State Heading?\u201d<\/p>\n

Interconnections and grids becoming a critical factor<\/strong><\/p>\n

Vice Minister of Energy Airidas Dauk\u0161as emphasized during the event that the security and development of the energy system are inseparable from strengthening infrastructure.<\/p>\n

\u201cAfter synchronization, our system essentially relies on one main interconnection – LitPol Link. We cannot depend on a single infrastructure asset and one interconnection if we had to operate in isolated (\u2018island\u2019) mode,\u201d he said.<\/p>\n

According to the vice minister, an additional interconnection with Poland – Harmony Link – is important not only for energy security but also for the expansion of renewable energy.<\/p>\n

\"\"<\/p>\n

\u201cWhen we calculate the system\u2019s capabilities together with the transmission system operator, we see that additional export capacity through interconnections increases the potential of renewable energy sources,\u201d Dauk\u0161as stated.<\/p>\n

Ignas Junevi\u010dius, Head of the Renewable Energy Sources Center at the electricity transmission system operator Litgrid, added that Lithuania currently has a relatively good situation in terms of grid capacity compared with many other European countries.<\/p>\n

\u201cWe have built a very strong foundation and achieved a very high pace on the generation development side. To ensure this pace does not slow down, we need to think about consumption. I would emphasize flexible consumption – it would allow us to ensure maximum benefits for producers, consumers, and the entire system,\u201d Junevi\u010dius said.<\/p>\n

According to him, one of the most important elements of system flexibility in the coming years will be energy storage technologies.<\/p>\n

\u201cWe expect that this year we will have around 1 gigawatt (GW) of batteries, and at least 2 GW next year. That is roughly Lithuania\u2019s instantaneous electricity consumption and will give the system much more flexibility,\u201d Junevi\u010dius noted.<\/p>\n

\"\"<\/p>\n

The biggest challenge: electricity consumption<\/strong><\/p>\n

As electricity production grows, increasing consumption becomes increasingly important. Ieva Ki\u0161kyt\u0117, an expert in data centers and green economy industries at the investment promotion agency Invest Lithuania, said it is important for Lithuania to attract large electricity consumers.<\/p>\n

\u201cWe often talk about producing a lot of electricity, but the question is – who will be the major consumer? Our job is to find investors who need hundreds of megawatts of capacity – whether data centers or green hydrogen projects. It is also important to consider that in recent years the logic of data centers has been changing. Previously they needed to be close to customers, but now, due to the development of artificial intelligence, what matters most is electricity and speed. In this respect Lithuania has an opportunity to compete,\u201d Ki\u0161kyt\u0117 said.<\/p>\n

Paulius Butkus, Head of Strategy at the new energy group EPSO-G, emphasized that Lithuania still has significant electrification potential.<\/p>\n

\u201cWe pay a lot of attention to attracting new electricity consumers, but electricity still accounts for only a small share of total energy consumption in Lithuania – about 13 TWh out of roughly 90 TWh. This shows significant electrification potential. Electricity consumption could grow through electrifying transport, heating systems, and industry, so it is important to look at the energy system as a unified whole. This requires revising the rules of electricity, heat, and other markets and creating conditions for greater system flexibility,\u201d he said.<\/p>\n

A new wave of investment: data centers and hydrogen<\/strong><\/p>\n

The topic of large electricity consumers was continued by Egl\u0117 M\u0117linsk\u0117, Director of data center developer Sentris. According to her, such projects require enormous investments, so competition between countries to attract them is extremely strong.<\/p>\n

\u201cFor one megawatt of data center infrastructure you need around \u20ac10 million in investment. That means a 100 MW project requires about \u20ac1 billion just for infrastructure, while artificial intelligence IT equipment costs several times more. Therefore, the decision about where to build such a center is very serious, and investors evaluate not only electricity availability or speed but also how prepared the state is to be in the same boat with the investor. Economic benefits must outweigh geopolitical risk,\u201d she said.<\/p>\n

According to M\u0117linsk\u0117, the \u201cwindow\u201d for attracting data center investments may be relatively short.<\/p>\n

\"\"<\/p>\n

\u201cArtificial intelligence is currently growing rapidly, and Scandinavia is a great example, but the market may soon become saturated, so it is important to catch that train,\u201d she said.<\/p>\n

Meanwhile, Gerimantas Bakanas, head of Gijos, emphasized that cities can become an active part of the energy system and use surplus energy more efficiently. As an example, he mentioned a planned green hydrogen project in Vilnius that would be integrated into the city\u2019s infrastructure.<\/p>\n

\u201cWhy are we planning a hydrogen plant in Vilnius itself, right in the city? Because consumption is immediately available here – public transport. In addition, hydrogen production generates waste heat that we can use in district heating networks. We are not yet using the city\u2019s energy ecosystem to its full potential,\u201d Bakanas said.<\/p>\n

According to him, the same logic can be applied to data centers, which generate large amounts of heat and could become an additional heat source for cities.<\/p>\n

\u201cIn cities we have the opportunity to use energy that elsewhere would simply be released into the air. Currently we have an agreement with LRTC – the heat from their data center will be integrated into the city\u2019s district heating network. One megawatt may not seem like much, but \u2018megawatt by megawatt\u2019 already makes a difference. We are now negotiating with two more data centers in Vilnius so that their waste heat heats residents\u2019 homes instead of the air,\u201d he said.<\/p>\n

\"\"<\/p>\n

Can geopolitics hinder investment?<\/strong><\/p>\n

The discussion also touched on a common argument heard in public discourse – whether the geopolitical situation in the region could hinder investment in energy. Security expert and reserve major Darius Antanaitis said this argument should be evaluated critically.<\/p>\n

\u201cIf we look at geopolitics more broadly, Lithuania is certainly not the most risky place for investment. Finland has a border of more than a thousand kilometers with Russia, yet investments still come there. Norway is strategically important because of its energy resources – if someone wanted to control energy resources in the region, it would be a much more important target. There are more examples in the world – Israel constantly experiences military action, Taiwan lives under the shadow of a possible conflict with China, yet investments still come there. Therefore, the security argument is often not the main reason for investors,\u201d Antanaitis said.<\/p>\n

According to him, the protection of energy infrastructure should also be assessed realistically.<\/p>\n

\u201cYou cannot place a soldier next to every wind turbine. We have intelligence and security mechanisms – resources must be used rationally. If indicators appear that something might happen, then concrete actions are taken.\u201d<\/p>\n

\"\"<\/p>\n

International industry: Lithuania\u2019s pace stands out<\/strong><\/p>\n

Norbert Dwenger, a representative of the international wind energy company Nordex Group who participated in the Wind Vision conference, said Lithuania has made significant progress in recent years in developing renewable energy and creating a favorable environment for investors.<\/p>\n

\u201cI have not seen another country where two, three, or even four ministries participate in such conferences in the same room and truly demonstrate the pace of cooperation. This sends a very clear signal to investors that the state has a common direction and is ready to work together with the industry,\u201d he said.<\/p>\n

According to Dwenger, technological progress allows wind energy to be used more efficiently, and onshore wind today remains one of the most competitive electricity generation technologies.<\/p>\n

\u201cThe latest analyses show that onshore wind is now one of the cheapest forms of energy alongside solar power. Therefore, it can become an important part of Lithuania\u2019s energy independence and help ensure competitive energy prices in the future,\u201d he said.<\/p>\n

\"\"<\/p>\n

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Lithuania is rapidly expanding its renewable energy capacity and is approaching the point where it will be able to produce as much electricity as it consumes. Last year alone, wind energy met one-third (33%) of the country\u2019s total electricity demand. According to this indicator, Lithuania shares second place in the European Union (EU) with Ireland […]<\/p>\n","protected":false},"author":3,"featured_media":15795,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nEnergy Sector: Lithuania Could Become an Attractive Location for Large Electricity Consumers | Lietuvos v\u0117jo elektrini\u0173 asociacija (LVEA)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lvea.lt\/en\/energy-sector-lithuania-could-become-an-attractive-location-for-large-electricity-consumers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Energy Sector: Lithuania Could Become an Attractive Location for Large Electricity Consumers | Lietuvos v\u0117jo elektrini\u0173 asociacija (LVEA)\" \/>\n<meta property=\"og:description\" content=\"Lithuania is rapidly expanding its renewable energy capacity and is approaching the point where it will be able to produce as much electricity as it consumes. 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