Lithuania: Potential installed capacity of PV is 9GW by 2050
Lithuania expects electricity consumption to grow more than six-fold by 2050, from the current 12TWh demand to a projected 74TWh.
In order to achieve the goal of 100% carbon neutrality by 2050, the Lithuanian Parliament believes that by 2030, the country will have the potential to add 5.9GW of onshore and offshore wind power, 4.1GW of solar power, 1.5GW of energy storage, etc. By 2050, the potential installed capacity of onshore and offshore wind power is 14.5GW, the potential installed capacity of solar power is 9GW, and the potential installed capacity of battery energy storage parks is 4GW.
It is understood that in 2022, renewable energy accounted for 29.62% of total energy consumption in Lithuania. NEIS predicts that this proportion will increase to 55% by 2030, 85% in 2040, and finally reach 95% in 2050.
