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Lithuania energy report

Lithuania energy report
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This analysis includes a comprehensive Lithuania energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.


  • The country targets a share of 55% of renewables in final consumption in 2030 and 80% in 2050.
  • Ignitis is the main energy company through stakes in various power and gas companies.
  • Most of the power supply is imported. Net imports represented 75% of power consumption in 2022.
  • Electricity prices have doubled since 2020.
  • Gas prices for households rose fivefold between 2020 and 2022 but are still 50% lower than the EU average.
  • Total energy consumption fell sharply in 2022, after rising slowly since 2015.
  • Electricity consumption has almost doubled since the early 2000s, while gas consumption has halved since 2010.
  • Lithuania is strengthening its power and gas interconnections with Poland, Sweden, and Latvia.
  • New capacities will be required to offset thermal plant decommissioning and to improve power independence.
of renewables in the power mix (2022)
in GHG emissions between 1990 and 2021
1 GW
of power capacity to be stopped by 2026
  • Institutions & Energy Policy

    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

    The Lithuanian energy sector has been fully reshaped since 2001 with the division of Lietuvos Energija (renamed Ignitis in 2019), the former public national company, into 5 independent entities.

  • Energy Supply


    Lithuania imports all its natural gas.

    The transmission network is connected to Latvia (export and import capacity of 3.7 bcm/year in 2023), to Belarus (import capacity of 10 bcm/year) and, since May 2022, to Poland, through the GIPL gas pipe.

  • Energy Prices


    Electricity prices for households doubled between 2021 and 2023 to 29.3€c/kWh. They are around the EU average.

    For industry, electricity prices more than doubled over 2020-2022 (+50%/year) and decreased by 25% in 2023 to 16.4€c/kWh; industry prices are 30% lower than EU prices.


  • Energy Consumption

    Total energy consumption per capita is 2.4 toe and 4000 kWh for electricity (2022); those consumption rates are 18% and 27% below the EU average, respectively.


  • Issues & Prospects


    According to Litgrid's 10-year plan, total electricity consumption should increase by an average of 4%/year between 2021 and 2031, reaching 18.7 TWh. The capacity should increase by 4 GW to 9.3 GW in 2031. More than 1.1 GW of thermal power plants should be decommissioned, including 360 MW at Vilnius-III by 2025 and 600 MW at Elektrenai by 2030.

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2022, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2022, %)
  • GRAPH 5: Gasoline & diesel prices (€/l)
  • GRAPH 6: Electricity prices for industry and households (€c/kWh)
  • GRAPH 7: Gas prices for industry and households (€c/kWh GCV)
  • GRAPH 8: Consumption trends by energy source (Mtoe)
  • GRAPH 9: Total consumption market share by energy (2022, %)
  • GRAPH 10: Final consumption market share by sector (2022, %)
  • GRAPH 11: Oil consumption (Mt)
  • GRAPH 12: Oil consumption breakdown by sector (2022, %)
  • GRAPH 13: Electricity consumption (TWh)
  • GRAPH 14: Electricity consumption breakdown by sector (2022,%)
  • GRAPH 15: Natural gas consumption (bcm)
  • GRAPH 16: Gas consumption breakdown by sector (2022, %)
  • GRAPH 17: Coal consumption (Mt)
  • GRAPH 18: Coal consumption breakdown by sector (2022, %)
  • 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.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.

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).