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.

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 lavastream install a thermal power plant in Lithuania?

Lavastream plans to install a thermal power plant with a capacity of around 30 MW in Klaipėda and 15 MW in southwestern Lithuania by 2028, as well as a geothermal-geological long-range electricity storage system.

Will lavastream support geothermal-geological storage in Lithuania?

In the future, Lavastream plans to enable the installation of geothermal-geological storage with a potential of 1 GW. The thermal potential of geothermal power plants in Lithuania is estimated at 20 GW, while the potential of geothermal power plants for electricity generation is over 2 GW.

How many independent heat producers are there in Lithuania?

There were 23 unregulated and 20 regulated independent heat producers in the CHP production market. The share of woody biomass (mainly wood chips and the renewable share of municipal solid waste) is currently over 85% of the fuel used in district heating in Lithuania.