Energy accumulation and storage development in Lithuania
Energy cells have been installed in four battery parks of 50 MW and 50 MWh each at transformer substations in Vilnius, Šiauliai, Alytus and Utena. This is currently the largest
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3 FAQs about Vilnius energy storage new energy prices
How much does the EU spend on energy storage in Lithuania?
In late 2024, the EU approved a €180 million (US$188 million) support package for over 1.2GWh energy storage in Lithuania, covering a maximum of 30% of the projects’ capital expenditure costs via a competition auction set to conclude before the end of 2025.
How much electricity does Lithuania use?
“Although the average electricity consumption in Lithuania is around 1,500 megawatts, the installed capacity of both solar and wind power plants is expected to exceed 2,000 megawatts in 2025, enabling surplus electricity to be stored and supplied to consumers during peak hours”, said Gediminas Uloza, CEO of E energija Group.
What is E-Energija group's Vilnius Bess?
The Vilnius BESS is designed to address these dynamics, ensuring a reliable energy supply for consumers. E-energija Group’s initiative reflects a practical approach to integrating renewable energy into Lithuania’s grid, with the system set to play a vital role in balancing supply and demand once operational.
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