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Lithuania Boosts Renewable Energy Output by 16% in Q3 2025 — Local Generation Covers 70% of Electricity Demand
Lithuania’s electricity transmission system operator “Litgrid” has published the country’s electricity system indicators for July–September 2025. In the third quarter of this year, electricity production in Lithuania increased by 16% compared to the same period last year. Local generation covered 70% of Lithuania’s electricity demand, with renewable energy sources accounting for 73% of total domestic production. In the third quarter of 2025, 2.135 TWh of electricity was produced in Lithuania — 16%…
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Amber Grid and EEX have completed the transfer of GET Baltic’s operations
European Energy Exchange AG (EEX) and the Lithuanian gas transmission system operator Amber Grid have completed the strategic process started back in 2023 – the transfer of shares of GET Baltic to the partner that won the international public tender. In the first phase, in 2023, after approval from Amber Grid’s board and shareholders’ meeting,…
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Lithuanian TSO restors electricity interconnection with Sweden
After the successful completion of scheduled maintenance works, the “NordBalt” interconnection has been re-energised two days earlier than planned. Lithuania’s electricity transmission system operator, Litgrid, reports that following the annual planned maintenance works in Lithuania, the “NordBalt” electricity interconnection was successfully switched back on two days ahead of schedule. At the end of October, due to…
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Lithuania Launches €45 Million Funding Call to Boost High-Capacity Electricity Storage Systems
The Lithuanian Ministry of Energy has approved nearly €45 million in funding to expand high-capacity electricity storage systems nationwide, with a new call for applications opening on 10 October. The Environmental Project Management Agency (APVA) will manage the program. The funding is open to both new projects and those that were not selected or placed on the reserve…
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The Second Offshore Wind Farm Development Tender In LIthuania Did Not Take Place
Lithuanian National Energy Regulatory Council (NERC) announces that the second offshore wind tender (for the development rights to a 700 MW offshore wind farm) is considered not to have taken place. According to the tender regulations, the prospective developer may either submit the development fee or seek support through a two-way contract for difference, with values…
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Capalo AI Begins Trading and Optimising Lithuania’s First Commercial BESS
A new participant has joined the electricity balancing market organized by Litgrid, the Lithuanian electricity transmission system operator, and submitted its first bids – a 1 MW power and 2 MWh capacity energy storage battery system, built by Green Genius in the Alytus district. This is the first commercial storage facility in the country to…
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Lithuania’s Energy Revolution: Balancing Ambition and Reality
A Bold Path to Independence Lithuania’s energy transformation has been nothing short of remarkable. Once heavily reliant on Russian energy imports, the small Baltic nation has reinvented its strategy to pursue independence, sustainability, and innovation. The International Energy Agency’s (IEA) latest Lithuania 2025 – Energy Policy Review offers a timely look at how far the country has…
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KN Energies Secures Funding to Expand Electricity Storage Systems
KN Energies, with the aim of promoting the optimisation of renewable energy infrastructure and the efficient use of energy resources, submitted an application to the Lithuanian Energy Agency and secured funding for the implementation of a project under Call No. 03-009-J-0001-J06 “Investment Support for Individual Electricity Storage Devices.” The funding will be used for the…
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Eesti Energia to Consolidate Entire Electricity Business Under Subsidiary Enefit
Starting in 2026, Eesti Energia will consolidate all electricity-related business areas—including retail, renewable energy production, energy trading, and development—under its subsidiary Enefit. The move aims to strengthen the group’s competitiveness and improve management efficiency. The establishment of a strong electricity business entity is part of Eesti Energia’s broader initiative to optimize its corporate governance model.…
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INVL Private Equity Fund II signs agreement to acquire 75% stake in Estonia’s largest waste management group Eesti Keskkonnateenused
INVL Private Equity Fund II, the largest private equity fund in the Baltics and part of the Invalda INVL group, signed an agreement to acquire 75% stake in Eesti Keskkonnateenused (EKT), Estonia’s largest waste management group. The transaction is expected to be completed by the end of 2025. It is subject to approval by the…
