Workshop co-hosted by WALLESS at the LitRES 2025 conference
2025 01 28
Lithuania’s renewable energy market is on the rise, with growing potential for development. However, the Power Purchase Agreement (PPA) market is still in its early stages and faces challenges such as smaller energy demand from businesses and limited access to effective financial tools. What steps can be taken to overcome these issues?
A workshop co-hosted by WALLESS at the #LitRES 2025 conference highlighted two key solutions:
- Multi-buyer PPAs could enable smaller businesses to collaborate, making large renewable energy projects more feasible and attractive to developers.
- State-backed guarantee schemes, as encouraged by Regulation (EU) 2024/1747, could mitigate financial risks for offtakers and provide much-needed support for the market to grow.
The session was led by WALLESS Partner Vaidotas Puklevičius, together with Senior Associate Eduardas Šimkus and Our New Energy Senior Advisor Rasmus Degn Hansen, with WALLESS Associate Monika Gadeikė contributing to its preparation. Thanks to all participants and shoutout to The Voice of Renewables for creating a platform for discussions that drive Lithuania’s renewable energy future.