2 Min Read
VILNIUS, Oct 8 (Reuters) - Lithuania will build one of the largest battery storage systems in the world by the end of 2021, its energy minister told Reuters, to ensure smooth supply of power as it disconnects from the Russian-controlled grid.
The country plans to invest 100 million euros ($117.6 million) to install four 50 Megawatt(MW) batteries with at least 200 Megawatt hours (MWh) of storage capacity, said Energy Minister Zygimantas Vaiciunas.
“This will be one of the largest and the most innovative battery parks in the world,” he said.
The two largest lithium ion battery projects previously announced, both in California, are the 450 MW Crimson Energy Storage and 300 MW Vistra Moss Landing Energy Storage, according to a U.S. Department of Energy database.
2 Min Read
VILNIUS (Reuters) - Lithuania will build one of the largest battery storage systems in the world by the end of 2021, its energy minister told Reuters, to ensure smooth supply of power as it disconnects from the Russian-controlled grid.
FILE PHOTO: U.S. Secretary of Energy Rick Perry and Lithuanian Minister of Energy Zygimantas Vaiciunas attend a news conference after the partnership for Transatlantic energy cooperation conference in Vilnius, Lithuania October 7, 2019. REUTERS/Ints Kalnins/File Photo
The country plans to invest 100 million euros (90.8 million pounds) to install four 50 Megawatt(MW) batteries with at least 200 Megawatt hours (MWh) of storage capacity, said Energy Minister Zygimantas Vaiciunas.