Information about the project
The Energy Vision 2050 presents scenarios that open up opportunities for Lithuania to become the hub of next-generation industrial development and a climate-neutral country. Lithuania would switch from fossil fuels to electricity from renewable energy sources (RES), generate electricity for domestic needs, to produce hydrogen, and export not only energy, but also higher-value sustainable products.
The energy transformation pathways have been developed by EPSO-G, the energy transmission and exchange group, together with experts from international consultancy DNV. It also involved cooperation with Lithuanian industry, energy companies and experts.
Lithuania energy vision to 2050
Lithuania energy system transformation to 2050 (EPSO-G presentation)
PROJECT GOALS AND SIGNIFICANCE
Currently, Lithuania is dependent on imports of natural gas, oil and electricity, but by 2050 the situation will have changed dramatically, with fossil fuels being phased out in favour of electricity from renewable energy sources, biogas and hydrogen. Most of the electricity in 2050 will come from onshore and offshore wind farms, solar power plants and other flexible energy generation facilities.
Lithuania's energy vision would guide the implementation of energy projects and the development of strategic partnerships, creating a basis for the integration of different sectors. The Vision will also be used as a basis for the update of the Lithuanian Energy Independence Strategy (NENS).