In 2020-2022, Lithuania will hold three rounds of renewable energy tenders

Lithuania's Ministry of Energy recently issued an announcement that three rounds of bidding will be issued during 2020-2022 to attract renewable energy investment and achieve the goal
of 38% renewable energy by 2025.

According to reports, these three rounds of bidding will eventually generate 2.
1 terawatt hours of electricity
per year.
In 2018, Lithuania consumed 12.
2 TWh of electricity, but local production capacity was only 3.
2 TWh, with the rest dependent on imports, including from its Baltic neighbours, Sweden and Belarus
.

According to the plan, the Ministry of Energy will bid for 0.
7 terawatt hours of electricity every year, and together with the 0.
3 terawatt hours tender announced last week, Lithuania will add 2.
4 terawatt hours of installed power capacity
by the end of 2022.

It should be noted that all tenders are renewable energy, including solar, wind power, biomass, biogas, etc
.

Lithuanian Energy Minister Zygimantas Vaiciunas said, "Lithuania has set renewable energy development goals and a clear development plan to achieve them
.
The tender scheme that has been developed will allow investors to evaluate their energy development approaches and suitable options
.
”

At present, the tender plan is subject to approval
by the Lithuanian government.