Monday , June 14 2021

The government will assess the possibility of local development.



"Our goal now is to objectively evaluate existing and potential electricity market participants' plans to develop new production capabilities. After evaluating market opportunities, we can establish new and flexible power plants that can guarantee the reliability of electrical systems. "Energy minister Žygimantas Vaičiūnas said.

If he does not have sufficient incentives for the development of local production under market conditions, then the state can take action if he is not willing to accept new production capacity. Bids can be made public (auctions).

Market participants should develop more than 10 megawatts of power capacity and provide information on expected development plans by 2024.

Researchers at the University of Kaunas (KUU) this year have assessed the appropriateness of the Lithuanian electrical system by 2030 and found that it is necessary to develop stable and reasonable local production capacity.

In addition, since 2025, the Baltic energy system has begun to operate in synchronous mode with the continental European network, ensuring smooth operation and reliable power delivery.

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