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Wind energy marketin Lithuania
Advisor to the Minister of EnergyRytis Kėvelaitis, PMP
2.8 million
Lithuania – facts & figures
Population¹
Most businessfriendly
country in CRE4
GDP growth in2017¹
In EU for GDP per capita
growth since 2000³
2nd
3.9%
1st 13th
Freest economy in the world5
1 day
To register a business²
Source 1: Statistics Lithuania, 2018Source 2: Center of Registers, 2018Source 3: Eurostat, 2018Source 4: Ease of Doing Business, World Bank, 2018 Source 5: Economic Freedom of the World. Fraser Institute, 2017
1990
Lithuania – facts & figures
Restoration of independence
2004 Part of the EU and NATO
2015 Part of the Eurozone
2018 Part of the OECD
Consumption Production
Share of imports Market price
Energy sector in Lithuania
Key data - electricity²
10,76 TWh
3,87 TWh
74%35,1 EUR/MWh
Source 1: Statistics Lithuania, 2016Source 2: Litgrid, 2018
38,9%
25,1%
20,0%
9,7%6,3%
Crude oil and petroleum
Natural gas
Renewable energy
Electricity
Coal, peat and other
Gross inland energy consumption mix¹
Key developments in the last decade
Decommissioning Ignalina NPP
New interconnectors LNG terminal Gas to
biomass
2002
History of wind energy in Lithuania
First 160KW windmill installation in Lithuania
2016Lithuania is 1st in the EU with most installations relative to its power consumption²
2012 2013 - I 2013 - II 2015
71 Eur/MWh 56 Eur/MWh52,1 Eur/MWh69,5 Eur/MWh
2012 First auctions for wind energy in Lithuania¹
Source 1:National Commission for Energy Control and Prices , 2018Source 2: Wind in Power: 2016 European Statistics, Wind Europe, 2017
Total capacity¹: 517 MW 168 units21 wind farm
Produced 1,36 KWh of wind energy in 2017
+20% increase from 2016
Status quo of wind energy
Wind energy is the largest domestic production source
12,64% of electricity demand is covered by wind energy
Key facts about wind energy²
Source 1: Lithuanian Wind Energy Association, 2018 Source 2: Litgrid, 2018
Renewable energy in Lithuania today
Surpassed 2020 EU targets in 2016¹
Achievement in 2016
Target for 2020
First in the EU to sell the surplus of renewable
energy
25%
23%
Source 1: Eurostat, 2018
2020 2030 2050
National Energy Independence Strategy is in the final steps of adoption in the Parliament
Next steps for renewable energy
Goals for renewable energy share in energy mix¹
30% 45%
100%
Source 1: National Energy Independence Strategy, Ministry of Energy, 2018
2019 Q2 Auctions will take place
2.5TWh Electricity to be produced
Technology neutral
Sliding premiumSupport mechanism
Short term onshore wind development
12 yearSupport period
From 2017Holland/Denmark model of development
3 years To complete assessments 2021-2022
Earliest dates for auctions3 areas
Grid, market, environment
Medium term offshore wind development
2020 Q4Decision by the Cabinet for organizing auctions
Pipeline of auctions
Largest port in the Baltic
States²
Stable regulatory framework
7 FreeEconomic
Zones¹
PERFECT TIME TO ENTER THE MARKET
SUPPLY CHAIN OPPORTUNITIES
Opportunities for supply chain
Market opportunities for Netherlands industry
2nd best business
conditions for manufacturing³
Source 1: Invest Lithuania, 2018Source 2: Port of Klaipėda, 2018Source 3: Manufacturing Risk Index, Cushman & Wakefield, 2018
Providing visibilityfor investors by ambitious goalsand roadmaps
Removingadministrative and technical barriers
Investing in gridmodernisation and interconnerctors
Engaging indialogue with localcommunities
Wind energy regulatory framework goals
