The Lithuanian government’s decision to title the landmark national energy transition strategy approved last summer in its parliament, the Seimas, as an “energy independence” plan carried with it an expressly double meaning – and could spell a sizeable opportunity for investors when it launches its first technology-neutral tender this year.
Meeting the ambition of having 45% of national electricity supply coming from wind, solar and biomass by the end of the next decade — and ramping up to have 80% met by clean-energy sources by mid-century — would, it is true, break the Baltic state’s dependence on fossil fuels.
