February 3, 2025Suspension of Lithuania’s offshore wind auction: Tensions between Government and investor confidence

Lithuania
Suspension of Lithuania’s offshore wind auction: Tensions between Government and investor confidence

The decision to temporarily postpone Lithuania’s second offshore wind auction highlights tensions between the objectives of stabilising electricity prices and the need to attract foreign investment. Linas Sabaliauskas, Managing Director of the Lithuanian Wind Power Association (LVEA), told Energía Estratégica España that the measure has limited short-term impact but exposes structural vulnerabilities in the country’s energy strategy.