In 2023, Energy Cells, a firm owned 100% by the EPSO-G group of energy transmission and exchange companies, officially launched a 200-MW/200-MWh energy storage system made up of four 50-MW battery parks at transformer substations in Vilnius, Siauliai, Alytus, and Utena. . Lithuania's Ministries of Energy and the Environment have jointly approved an additional €37 million in funding to expand the country's capital expenditure (capex) support for energy storage projects. The announcement, made on July 18, supplements an existing €102 million fund administered under. . Additional funding has been approved by the Ministry of Energy and Environment to support its ongoing energy storage procurement program, following overwhelming interest from potential beneficiaries. The additional funds from the Ministry of Energy were announced last week (18 July). The. . Lithuania expects to install more than 1,700 MW/4,000 MWh of energy storage facilities to improve the resilience, flexibility and security of the electricity system after registering high business interest in a call for support held earlier this summer. Energy storage facility in Lithuania. Image. . The European Commission (EC) has approved Lithuania"s plan to allocate EUR 180 million (USD 196. 4m) in direct grants to support investments in the deployment of at least 1,200 MWh of new energy storage across the country and thus facilitate the integration of renewable energy sources.
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