Lithuania will reopen bidding for its second 700-megawatt (MW) offshore wind farm on June 9, following government approval of revised tender conditions aimed at improving competition and protecting consumers.
The updated process will be managed by the National Energy Regulatory Council (NERC) and includes several key changes, such as modified pricing mechanisms, new grid access rules, and a shift in the timing of consumer cost exposure.
According to the new terms, the winning bidder’s transaction price and development fee will be adjusted annually for eight years, based on inflation and fluctuations in Lithuanian electricity prices.
In a move to shield consumers, financial contributions will only begin once the wind farm starts generating electricity, currently projected for around 2033.
The revised framework also removes grid priority for offshore wind projects, placing them on equal footing with onshore renewable technologies in terms of transmission access.
The Lithuanian government said income tax generated by the project developer would be allocated to fund public interest services.
Participant registration and document submission will remain open until September 8. The tender will proceed only if at least two qualified applicants participate.
The changes are intended to attract broader interest from developers while ensuring cost transparency and balanced competition across renewable sectors.
