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On 27 June 2024, Lithuania’s Parliament approved the National Energy Independence Strategy, which outlines key energy goals to be achieved by 2050. These goals include 100% climate-neutral energy, a transition to an electricity-based economy, and ensuring a safe and reliable energy supply for consumers.
The strategy sets ambitious targets for renewable energy development, including 10 GW of onshore wind, 4.5 GW of offshore wind, and 9 GW of solar power by 2050.
Investments required to meet these objectives are estimated between EUR 49-79 billion.
