Despite successes wind farms continue to look for government support

Egidijus Simutis, the owner of the wind farm, said renewable energy is a political decision rather than an economic one. Currently, he says that government support is still needed because the price of the electricity produced (€.071 ct) is still higher than the market price (€.04 ct).

The government is considering changing the scheme by which renewable energy in Lithuania is supported. The new scheme would support renewable energy through support funds that could attract European funds as well.

The 2,500-hectare wind farm in Pagėgiai municipality includes 30 generators whose total power output is more than 73 megawatts. Over the course of a year, this farm will generate enough electricity to power more than 35,000 average households.

It is believed that the €110 million investment into the largest wind farm in the Baltic states will pay for itself in 12 years.

Today, there are about 20 large wind farms operating in Lithuania.

Related Post

After several more are completed this summer, the total power of all of the country’s operational wind farms will reach 500 megawatts. Over a year, the farms will fill about 13 percent of the entire country’s electrical needs.

Three years ago, Lithuania fulfilled the European Union’s requirement that 23 percent of the country’s energy should be produced by renewable resources by 2020.

According to Lithuanian Wind Power Association representative Aistė Pikšrytė, a new directive is currently being considered that may task Lithuania with generating 27 percent of its power from renewable resources by 2030.

LRT

Share

Recent Posts

  • Latest

Prosecutor’s Office announces the fate of the four missing US soldiers: death investigation launched, still silence from the services

On March 31 morning, Minister of National Defence Dovilė Šakalienė announced that an M88 armoured…

5 days ago
  • Latest

A few questions to Mr. Putin, Mr. Trump and all those calling for “peace at all costs”

I admit it: I’m not that type of person who follows domestic and international politics…

2 weeks ago
  • Latest

Message from the President’s Office to Paluckas on Žemaitaitis

While Prime Minister Gintautas Paluckas does not take issue with the statements made by the…

2 months ago
  • Economy

Surprised by what’s happening in Lithuania: this is what makes us stand out in the EU

Lithuanian economists are surprised to see our country's economic growth: the Estonian economy has been…

2 months ago
  • Politics

Will the coalition shut the door on Žemaitaitis?

"The fate of Nemuno Aušra (Dawn of Nemunas) in the coalition has been decided; they…

2 months ago
  • Tribune

Airvolve has begun the patenting process for an exclusive aircraft

Airvolve, a Lithuanian dual-purpose aeronautics company, has successfully completed its first round of testing and…

2 months ago