In response to the global energy crisis, the Lithuanian government partially compensated the rise in gas and electricity prices from July 2022 through direct monetary transfers to households and businesses- notably the most affected sectors. A specific support scheme was also implemented to cover heating cost increase, encompassing a larger number of beneficiaries than usual.
As part of the same Package, the Lithuanian government also allocated specific funding to clean energy investment support schemes, such as :
-a new platform financing energy-efficient retrofits and renewable energy installations. It aims to cover 30 % of renovation costs for projects bringing housing to at least a class B energy; performance class ‘B’ of buildings and to deploy renewable technologies;
-subsidies for the construction of private electric vehicle charging infrastructure located in multi-apartment buildings, households and private companies;
- continued financial support for consumers purchasing and setting up of solar panels, and replacing biomass and fossil fuel boilers by modern, energy-efficient systems;
- specific financial support for projects contributing to the deployment of solar and wind power, a well as batteries, renewable-based hydrogen production, or involving energy-efficient retrofits ;
-grants for companies involved in technology upgrades, specifically solar or biofuel production technologies.
Eventually, targeted investment to strengthen national energy security were also enacted, to finance the following projects:
- the construction of four 50 MW battery instalations ("energy parks");
-a public building renovation plan, encompassing solar and wind power installations;
- testing new building renovation standards and setting up a related information management system; and
-building an offshore wind park in the Baltic Sea.