INTIEALithuania · Economic Recovery and Resilience "New Generation Lithuania" / Green Transformation / Sustainable ElectricityPolicyIn force

Economic Recovery and Resilience "New Generation Lithuania" / Green Transformation / Sustainable Electricity

The Sustainable Electricity measure of the Green Transformation as part of the National Resilience and Recovery Plan is meant to promote production, transmission, and use of electricity consumption using the most cost effective technologies, improving institutional mechanisms,…

Last changed 4 years ago.

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Lifecycle

EffectiveJan 01, 2021
Last changeNov 23, 2022

Country / jurisdiction: Lithuania · Year: 2021 · Status: In force · Level: National · Type: Voluntary

The Sustainable Electricity measure of the Green Transformation as part of the National Resilience and Recovery Plan is meant to promote production, transmission, and use of electricity consumption using the most cost effective technologies, improving institutional mechanisms, and providing incentives for businesses and citizens to invest. Lithuania will implement 242.39 million EUR from EU funding, 157.44 million from private entities and 55.716 million EUR from its national budget. Planned investments include onshore solar and wind power plants, a solar power park, and storage facilities.

Official source: https://finmin.lrv.lt/uploads/finmin/documents/files/Naujos%20kartos%20Lietuva_2021_05_14.pdf

Source

https://www.iea.org/policies/13673

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