EnergyWatch

Commissioner approves new aid scheme for renewable energy in Lithuania

Lithuania has received approval for its new support scheme for renewable energy projects from the EU Commission. The scheme has a budget of EUR 385 million.

Photo: Vestas

Following approval from the EU Commission, a new aid scheme will be implemented in Lithuania from May 1, 2019. The goal is to support renewable energy projects, so that Lithuania may reach its 38 percent renewable energy target by 2025.

"The scheme will contribute to Lithuania's transition to low carbon and environmentally sustainable energy supply, in line with the EU environmental objectives and our state aid rules," states Margrethe Vestager, competition commissioner, in a press release.

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