Lithuania suspends 700 MW offshore wind auction for review of conditions
The Lithuanian Ministry of Energy has proposed temporarily suspending the announced 700 MW offshore wind auction in the Baltic Sea in order to review its terms and conditions and ensure the least possible impact on the final price of electricity. When the government decides to resume the auction, it will continue in accordance with the rules and procedures set out in the Renewable Energy Sources Act.
The current auction was announced in November 2024 after the first round of the competition did not receive a sufficient number of bids.
Source: Renewables Now, 22.01.2025.