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Second offshore wind farm tender in Lithuania expected on 15 January 2024

Following the European Commission’s approval of the support scheme for offshore wind farm development and after public consultations with market participants, the Lithuanian Ministry of Energy proposed to launch the second offshore wind farm tender on 15 January 2024. The proposal by the Ministry of Energy still needs to be approved by the Government.

“Offshore wind farm development is gaining momentum and we are laying the foundations for a second offshore wind farm tender. We aim for two wind farms to provide up to half of Lithuania’s current electricity demand, which would be a significant increase in national electricity generation”, said Daiva Garbaliauskaitė, Vice-Minister of Energy.

The Ministry of Energy is planning two 1.4 gigawatts (GW) offshore wind farms in Lithuania’s Baltic Sea near Palanga. These farms could generate around 6 terawatt-hours (TWh) of green electricity per year – around half of Lithuania’s current electricity demand. At least 3 per cent of the farm’s construction work will have to be carried out by small and medium-sized enterprises.

The successful tenderer will be required to contribute at least 5 million euros for environmental protection in the Lithuanian maritime area. Once the offshore wind farm is built, the developer will be obliged to make an annual contribution (1 euro per 1 megawatt-hour of electricity generated) to the municipal communities close to the farm. Preliminary estimates suggest that this could amount to around 3 million euros per year.

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