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The Lithuanian energy sector is in the process of big qualitative changes in supply and use chains. This change is even more important and visible after the decommission of the old Ig-nalina Nuclear Power Plant (NPP) in 2009, which annually generated over 90% of electricity in the country. The energy sector has to ensure both energy independence and its effective use.

The strategic tasks in the sector involve huge projects such as:

  • harmonization of the internal electricity networks and their incorporation into North European grids;
  • building of the terminal for liquid gas in Klaipeda sea port;
  • support for substantial  shift into resources of renewable energy;
  • long term program for building renovations;
  • possibly, building of a new modern NPP.

The mentioned projects will provide a lot of new market opportunities, especially for hi-tech companies/manufacturers, and for construction and infrastructure suppliers. But also for pro-viders of effective solutions in energy and heat savings in both industrial and household appli-cation opportunities in the Lithuanian energy sector exist.

During the last three years the costs for gas and electricity have increased more than 2 and 1.5 times respectively. Furthermore, Lithuanians spend 13.3% of their income on heating of 50 m2 (to compare in Nordic countries that takes 1.5%) and indicates a great need of change in the Lithuanian energy sector.

For Danish companies looking to enter into partnerships or establish a company in the Baltic States, the Danish Embassies in Vilnius, Riga or Tallinn will be pleased to provide assistance.