On 9 June 2025, Lithuania’s National Energy Regulatory Council (NERC) will reopen the tender to develop a 700 MW offshore wind farm in the Baltic Sea .
What’s New in This Relaunch?
- Extended submission window: Developers have until 8 September 2025 to register and submit bids.
- Indexed pricing model: Transaction and development fees will be adjusted annually for the first eight years to reflect inflation and wholesale electricity price changes.
- Consumer cost safeguards: Payments from consumers will only begin once the wind farm supplies electricity, anticipated around 2033 .
- Level playing field: Offshore projects will no longer have priority grid access over onshore wind and solar, supporting balanced energy development.
🇱🇹 Strategic Importance for Lithuania
- Energy security and independence: The offshore wind farm is expected to supply up to 50% of Lithuania’s electricity needs, reducing reliance on imports.
- Investor confidence: New pricing and regulatory measures are designed to make the project more appealing to developers by offering transparent, inflation-adjusted returns .
- Local economic growth: The tender includes incentives to utilise Lithuanian ports and local services, reinforcing domestic supply chains and job creatio.
Timeline Ahead
- June 9: Tender officially relaunches, with full documentation released.
- By September 8: Submission deadline for bids.
- Award expected late 2025: Following evaluation, including national security screening for top proposals.
- Operations from ~2033: Targeted date for initial energy generation.
Lithuania’s decision to relaunch this offshore wind tender reflects a thoughtful recalibration of its energy strategy, blending financial viability, regulatory clarity, and sustainability. With 700 MW in the pipeline, this project could redefine the Baltic Sea’s energy landscape by mid‑2030s.
