Sunday, June 16, 2024
HomeClimateNew solar farms for sustainable energy in Lithuania
Powered by

New solar farms for sustainable energy in Lithuania

Two solar farms will be implemented by the Visaginas City Municipality and by the Ignalina Nuclear Power Plant in an effort to reduce electricity costs and contribute to sustainable energy development in Lithuania.

The government will allocate 4 million euros from the Economic Stimulus and Coronavirus Mitigation Action Plan to the project in Visaginas. Once the solar farm is installed, all residents of the municipality will have the opportunity to purchase the electricity produced at the power plant and use it for their own needs.

“Firstly, this is an important energy project to stimulate the economy and investment in the region,” said Minister of Energy Žygimantas Vaičiūnas. “Secondly, it is a solution that will provide long-term value for the people of the region. Once this kind of power plant model is successfully implemented in one municipality, it will be possible to use it in others as well. Community renewable energy farms like this are one of the energy directions of the future.”

Another 10 megawatts (MW) solar farm project will be implemented by the Ignalina Nuclear Power Plant (INPP), one of the largest electricity consumers in Lithuania. The solar farm will meet approximately one-fifth of the company’s electricity demand.

“The solar power plant will be a unique and exclusive project for the INPP, as well as a symbol of the transformation taking place in energy,” added Mr Vaičiūnas. “It will not only bring tangible economic benefits to the company itself, it will also contribute to the state’s goals of developing green energy and creating a cleaner environment for us all.”

A considerable amount of electricity is being consumed for the decommissioning of the power plant, which will continue until 2038. Electricity is needed for the temporary storage of spent nuclear fuel and radioactive waste.

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular