The new battery pack production in Lithuania (Vilnius) is scheduled to be fully operational by January 2023.
Testing has started on four battery storage projects in Lithuania totalling 200MW/200MWh provided by system integrator Fluence, with a view to turning the projects online in a few months. Construction began on the four projects connected to substations in Šiauliai, Alytus, Utena and Vilnius in June last year, as reported by Energy-Storage.news.
The remaining battery parks will receive the energy storage units in September‘, said R. Štilinis. The energy storage facility system of 312 battery cubes - 78 each in battery parks in Vilnius, Šiauliai and Alytus and Utena regions – will provide Lithuania with an instantaneous energy reserve.
The Energy Cells storage facility system to be integrated into the Lithuanian grid will have a total combined capacity of 200 megawatts (MW) and 200 megawatt-hours (MWh).
In June 2024, the average wholesale electricity price in Lithuania increased to approximately 91.6 euros per megawatt-hour. Between January 2021 and August 2022, electricity prices in the Baltic country grew roughly nine-fold due to the global energy crisis, surpassing 480 euros per megawatt-hour in the latter month.
Since then, the shares of electricity imports, natural gas and bioenergy have increased. Today, Lithuania imports over 70% of its electricity needs, while bioenergy is taking the lead in domestic energy supply.