What is a new energy storage project in Lithuania?

The plan involves direct grants to support investments in the deployment of at least 1,200 MWh of new energy storage systems across Lithuania. The tender will be administered by the Environmental Project Management Agency (EPMA). The deadline for applications is June 17, 2025.

Will Lithuania install 800 MWh of energy storage facilities?

In the procurement exercise, Lithuania is seeking to install at least 800 MWh of energy storage facilities, which will be directly connected to the transmission network by the end of 2028.

Will EU grant a battery storage project in Lithuania?

European Commission delegation visiting a Fluence battery storage project in Lithuania. Image: Energy Cells via LinkedIn. Lithuania can move ahead with a scheme to provide €180 million (US$200 million) in grants to energy storage projects after it was approved by the EU.

Why is Lithuania launching a major energy storage procurement exercise?

Only a day before cutting ties with the Russian power grid, the Baltic state announced the launch of a major energy storage procurement exercise. Lithuania has announced a EUR 102 million ($ 105 million) energy storage tender in a bid to procure balancing services to the transmission system operator and ensure the resilience of its grid.

Will Lithuania increase its renewable power capacity in 2030?

Ignitis Group, a state-owned energy company in Lithuania, said the country intends to increase its renewable power generation capacity from 1.8GW in 2019, to 4GW in 2030. Currently, Lithuania’s grid connects the Baltic states of Latvia and Estonia, Belarus and Russia, and is run by Moscow.

Will Lithuania build a Battery Park?

The Government of Lithuania reportedly plans to build one of the world’s largest battery parks as it disconnects from the Russian-controlled power grid. Lithuania will integrate its grid with that of continental Europe by 2025. Credit: Jan Huber on Unsplash.