The Lithuanian Ministry of Energy has launched a public consultation on the environmental impact assessment (EIA) for a 700 MW offshore wind project. The power plant could comprises between 43 and 87 wind turbines with an individual capacity of 16 MW.
In June 2020, Lithuania selected a 137.5 km2 area in the Baltic Sea Economic Zone to locate a 700 MW offshore wind project. The project would require an €1bn investment and a tender is planned for the 1 February 2023 to select investors in the project. It would be operational by 2030 and would produce 2.5 to 3 TWh/year of electricity, which is 25% the country’s current electricity demand.
Lithuania targets a 45% share of renewables in final energy consumption in 2030. To achieve the goals announced, wind capacity should double between 2020 and 2030 and solar capacity should grow five-fold. Lithuania's national energy and climate plant (NECP) targets an increase in the share of power generation from renewables to 45% in 2030 and 80% in 2050 (18 TWh). Wind should account for at least 55% of renewable power generation in 2030 and 65% in 2050, and solar for 24% in 2030.
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