By ESS News
Only one day before you were disconnected from the Russian Power Grid on 8 February, Lithuania launched a major Initiative for purchasing energy storage aimed at strengthening grid stability and accelerating the energy transition.
The Ministry of Energy has assigned € 102 million ($ 119 million) to support the development of at least 800 MWh of energy storage systems directly connected to the transmission network by the end of 2028.
In mid -June, the ministry announced the end of applications for the tender, which is managed by the Environmental Project Management Agency (EPMA). The program attracted overwhelming interest, with applications of a total of € 197.5 million – almost double the available budget. In response, the Ministry committed itself to increasing financing.
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