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Energy storage
Lithuania Concludes Major Energy Storage Procurement with 1.7GW/4GWh in Projects

Lithuania has completed its landmark energy storage procurement, confirming plans to deploy 1.7GW / 4GWh of capacity to strengthen the country’s electricity system.


Acting Minister of Energy Žygimantas Vaičiūnas called the procurement “a significant step in strengthening the country’s energy system and ensuring the development of renewable energy.” He added that large-scale storage will enhance system resilience, flexibility, and security, while supporting price stability.


The initial call for projects, launched in February, drew more than 50 applications totaling €197 million ($214 million) — nearly double the budget. In response, the Ministry of Energy increased funding by an additional €37.33 million in July.


Originally, the Ministry had earmarked €102 million to support at least 800MWh of transmission-connected storage by 2028. However, the scale of awarded projects far exceeded expectations, with the Ministry now confirming €840+ million worth of projects supported by state subsidies. On average, subsidies will cover 14.7% of total investment costs.


Support will be targeted at 30–300MWh facilities providing balancing services to the transmission network. Subsidies will cover up to 30% of eligible costs, capped at €150,000 per MWh. Eligible beneficiaries include legal entities, but exclude financial and credit institutions.


The Ministry also confirmed that a supplementary procurement round will be launched soon.