Lithuania’s Ministry of Energy has opened applications for a €102 million ($106M) funding program aimed at developing large-scale energy storage systems to support the country's electricity transmission network.
The initiative seeks to install at least 800 MWh of storage capacity by the end of 2028, with systems either directly connected to the grid or integrated with power plants linked to the transmission network.
Energy Minister Zygimantas Vaiciunas emphasized the importance of expanding balancing capacities to keep pace with the rapid growth of renewable energy generation. The funding opportunity, managed by the Environmental Project Management Agency (EPMA), was launched on Friday, with applications open until June 17, 2025.
Companies participating in the program can receive financial support covering up to 30% of eligible costs, with a maximum of €150,000 per 1 MWh of installed storage. This measure is part of Lithuania’s broader €180 million state aid scheme for energy storage, which was approved by the European Commission in October 2024.
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