Posts tagged as renewable energy

Estonia: State hoping to bring renewable energy subsidies to zero by 2030

Wednesday, August 7, 2019

Estonia will start renewable energy underbidding at the end of the year with those electricity producers asking for less support having a better chance of receiving support, according the news portal of public broadcaster ERR reports wrties LETA/BNS. The experience of neighboring countries shows that the share of subsidies in such auctions turns out to be close to zero, that is renewable energy is also profitable without paying extra. While…

Lithuania announces first renewables auction

Tuesday, April 30, 2019

The first mixed auction for renewable energy technologies will be held in September and will allocate around 300 GWh. The government will apportion €20 million for solar rebates up to 2023. A few days after the European Commission approved Lithuania’s €385 million auction plan for renewable energy, the Baltic nation’s Ministry of Energy has unveiled details of how the program will work. The ministry said technology-neutral auctions would be held…

European Commission has approved Lithuanian renewable energy scheme

Wednesday, April 24, 2019

The European Commission has approved, under EU state aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types of renewable generation, will contribute to the EU environmental objectives without unduly distorting competition, under EU state aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types of renewable generation, will contribute…