How attractive is the ongoing Lithuanian offshore wind auction and what can be expected from the remaining markets in the Baltics?
The offshore wind markets in the Baltics have been progressing at varying paces and with various challenges.
Overall, Estonia, Latvia, and Lithuania hold significant fixed-bottom potential but with modest ambitions, limited demand and diverse market approaches to offshore wind development. Lithuania has recently re-launched it’s second auction, following updates to the auction conditions, with results expected in 2025.
At Aegir Insights we have published a new report, giving our clients a status across the offshore wind markets in the Baltics, as well as a more in-depth economic assessment of the currently ongoing offshore wind auction in Lithuania and auctions to come in the Baltic region.
Want to get a glimpse of the report?
Contact us here to learn more.
Aegir Insights' coverage of offshore wind developments in the Baltics
At Aegir Insights we are continuously monitoring developments in offshore wind in the Baltics. You can read a previous assessment of the region here.
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