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Lithuania’s Largest Battery Storage Project Joins the Balancing Market
The largest commercial battery energy storage system in Lithuania to date has joined the electricity balancing market. A new participant has joined the electricity balancing market organised by Lithuania’s electricity transmission system operator Litgrid and has submitted its first bids – a 65 MW, 130 MWh battery energy storage system developed by the E energija group near Vilnius, in…
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Klaipėda port moves closer to becoming the Baltic’s first green hydrogen hub
The green hydrogen project at the Port of Klaipėda is entering the testing phase. Preparations have begun to test the equipment already installed at the site of Lithuania’s first green hydrogen production and refuelling station, scheduled to begin operations later this year. “Even though winter is in full swing, work on the green hydrogen station…
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Energy Aggregators in Lithuania: Market Overview and Emerging Dynamics
Lithuania has rapidly become one of the most dynamic markets in Europe for energy aggregation, driven by its fast-growing renewable energy capacity, advanced smart-metering infrastructure, and regulatory reforms encouraging participation in electricity balancing markets. Energy aggregation – particularly in the form of virtual power plants (VPPs) and demand-response portfolios – has developed into an important…
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Hydrogen Horizons – Baltics Nordics CEE set to return to Lithuania
The 2nd annual Hydrogen Horizons – Baltics Nordics CEE conference will bring together leading experts, policymakers, investors, and industry stakeholders on 18 November 2026 to accelerate the build-out of the hydrogen economy across the Baltic, Nordic and Central & Eastern European regions. The conference will once again take place in Lithuania, with the event venue to be…
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Litgrid to promote more efficient use of the electricity network – public consultation on implementation of dynamic transmission tariff announced
Lithuanian electricity transmission system operator Litgrid is announcing a public consultation on a new option for electricity consumers connected to the transmission network to choose a dynamic tariff. With the rapid growth of renewable electricity production, Litgrid is promoting system flexibility and creating an incentive for consumers to respond to changes in electricity prices. Higher…
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Ignitis Renewables Commits to Implementing Audit Recommendations for Curonian Nord Offshore Wind Project
Ignitis Renewables has confirmed that it will fully implement the recommendations issued by the National Audit Office following its assessment of Curonian Nord, Lithuania’s flagship commercial offshore wind project. The company has already initiated all required actions, reinforcing its commitment to transparency, good governance, and international best practice in the development of the country’s first large-scale…
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Baltic TSOs Launch Multi-NEMO Intraday Trading Arrangement, Opening the Market to Competition
The Baltic electricity transmission system operators (TSOs), together with regional partners, have reached a significant milestone in the evolution of the Baltic power market. The launch of the Multi-NEMO (Nominated Electricity Market Operator) arrangement marks a decisive step toward a more competitive, transparent, and service-oriented wholesale trading environment across Estonia, Latvia, and Lithuania. Beginning 25 November, a new…
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Lithuania Launches New Financing Round for Standalone Energy Storage Projects
As of November 6, legal entities are invited to apply for financing for standalone energy storage parks connected directly to the electrical grid. 📢 The Ministry of Energy, together with the National Development Bank INVEGA (ILTE Lietuva), continues the implementation of the measure “AEI Loan for Legal Entities.” Companies developing energy storage parks not linked to wind or solar power plants will be…
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New Rheinmetall plant in Lithuania to integrate with the national energy infrastructure
Rheinmetall is taking another step forward in its cooperation with Lithuania to support European and Atlantic security – right on NATO’s eastern flank. A new plant for the production of 155mm artillery ammunition is being built in the Lithuanian municipality of Baisogala. It will be operated by the joint venture Rheinmetall Defence Lietuva, UAB. During…
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Energy Transition in the Baltic States: Key Challenges and Opportunities Discussed at the Baltic Electricity Market Forum
The Baltic States are at a pivotal moment in their energy transition, where it is essential to strike a balance between market competitiveness, grid security, supply reliability, and sustainable investment. These key insights were highlighted during the panel discussion “Balancing Market Development Challenges”, held on November 3 in Vilnius as part of the Baltic Electricity Market Forum,…
