Image: Energy Cells via LinkedIn. Lithuania can move ahead with a scheme to provide €180 million (US$200 million) in grants to energy storage projects after it was approved by the EU. The programme will provide direct grants for the construction of the projects, with a target to support at least 1.2GWh of energy storage projects.
European Commission delegation visiting a Fluence battery storage project in Lithuania. Image: Energy Cells via LinkedIn. Lithuania can move ahead with a scheme to provide €180 million (US$200 million) in grants to energy storage projects after it was approved by the EU.
Kruonis Pumped Storage Plant provides energy storage, averaging electrical demand throughout the day. The pumped storage plant has a capacity of 900 MW (4 units, 225 MW each). Kaunas Hydroelectric Power Plant has 100 MW of capacity and supplies about 3% of the electrical demand in Lithuania.
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