- Update
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- Format
- 3 files (PDF report, 2 Excel files)
- Pages
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53 (Report only)
- Delivery
- Immediate by e-mail
- GENERAL OVERVIEW
- ENERGY AND CLIMATE POLICY FRAMEWORK
- ENERGY COMPANIES
- ENERGY SUPPLY AND DEMAND
- ENERGY USE AND PRICE BY SECTOR
- ISSUES AND PROSPECTS
- STATISTICS
- ABBREVIATIONS
- GLOSSARY
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Overview
Lithuania’s energy strategy prioritises renewable expansion, targeting 55% of final consumption by 2030 and full fossil fuel independence by 2050. Key measures include wind and solar growth, grid synchronisation with continental Europe, and strengthened regional gas interconnections while phasing out Russian imports.
Get more details on the table of contents and data files, as well as the list of graphs and tables by browsing the tabs below.
Highlights
- The country targets a share of 55% of renewables in final consumption in 2030 and 95% in 2050.
- Ignitis is the main energy company through stakes in various power and gas companies.
- Almost half of the power supply was imported in 2024.
- Gas prices for households rose fivefold between 2020 and 2023. Energy prices are generally above the EU.
- Lithuania is strengthening its power and gas interconnections with Poland, Sweden, and Latvia.
- Solar and wind capacity is expected to quintuple between 2024 and 2033.
Energy & Climate Policy Framework
The Ministry of Energy is responsible for the energy sector.
The Lithuanian Energy Agency is a non-profit public entity, created in 2018, to operate in the fields of energy policy, energy efficiency, and energy resources, as well as the implementation and monitoring of the national energy independence strategy and state programs; it also manages oil products reserves.
Energy Companies
Electricity:
Ignitis Group is the main power generator, with 80% of the total capacity (around 4.5 GW of renewables and for almost the entire power generation (8.4 TWh in 2024).
Energy Supply & Demand
Resources:
Lithuania has limited oil reserves estimated at 2 Mt (end of 2024). Wood and peat are important energy sources. The country's hydroelectric potential is estimated at about 1.9 TWh/year.
Energy Use and Price by Sector
Energy Prices in Transport:
Since the low point in 2020, the prices of gasoline and diesel have risen sharply, reaching 1.71€/l (+55%) and 1.75€/l (+75%), respectively, in 2022. After the peak, gasoline and diesel prices decreased by around 8%/year to 1.45€/l and 1.46€/l, respectively. They are close to prices in Poland, Latvia, and Estonia and lower than the EU average (by around 13%).
Issues & Prospects
Electricity:
According to Litgrid's last plan (2024-2033), total electricity consumption is expected to increase by almost 9%/year between 2024 and 2033, reaching 27.5 TWh by 2033. The installed capacity is expected to grow significantly and to reach 15.4 GW in 2033.
- Graph 1: Primary Consumption Trends by Energy Source
- Graph 2: Total Consumption Market Share by Energy (2024)
- Graph 3: Installed Electric Capacity by Source
- Graph 4: Installed Electric Capacity by Source (2024)
- Graph 5: Gross Power Production by Source & Consumption
- Graph 6: Power Generation by Source (2024)
- Graph 7: Crude Oil Production & Consumption
- Graph 8: Petroleum Products Production & Consumption
- Graph 9: Gas Production & Consumption
- Graph 10: Coal Production & Consumption
- Graph 11: Emissions of GHG and CO2 from Fuel Combustion
- Graph 12: Final Demand Trends by Energy Source
- Graph 13: Final Consumption by Sector
- Graph 14: Final Consumption Market Share by Sector (2024)
- Graph 15: Final Consumption in Industry by Energy Source
- Graph 16: Energy Prices in Industry (Taxes Included)
- Graph 17: Final Consumption in Transport by Energy Source
- Graph 18: Energy Prices in Transport (Taxes Included)
- Graph 19: Final Consumption in Residential, Services, Agriculture by Energy Source
- Graph 20: Energy Prices in Residential (Taxes Included)
- Graph 21: Upcoming New Capacity by Energy Source
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
The Lithuania energy market data since 1990 and up to
is included in the Excel file accompanying the Lithuania country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Lithuania Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Lithuania energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).