RE-Source forum: key insights for Lithuania’s energy sector
2024 10 30
Is Lithuania ready to unlock the potential of Power Purchase Agreements (PPAs)? WALLESS Partner Vaidotas Puklevičius shares key insights on PPAs relevant to our market:
- While Lithuania has a strong prosumer solar sector, we face challenges due to limited large-scale buyers for wind energy. However, as European markets become more integrated, new opportunities for cross-border PPAs could arise.
- Discussions highlighted that energy curtailments affecting 500 GWh across Europe show a pressing need for storage solutions. Supportive policies, such as the €180 million aid for storage infrastructure, are vital for strengthening Lithuania’s energy landscape.
All of this – and more – was part of the dialogue at the RE-Source 2024 forum.