Lithuania is a net energy importer. In 2019 Lithuania used around 11.4 TWh of electricity after producing just 3.6 TWh.[1]
Systematic diversification of energy imports and resources is Lithuania's key energy strategy.[2] Long-term aims were defined in the National Energy Independence strategy in 2012 by Lietuvos Seimas.[3] It was estimated that strategic energy independence initiatives will cost €6.3–7.8 billion in total and provide annual savings of €0.9-1.1 billion.
In light of the 2022 Russian invasion of Ukraine and Russia's weaponization of energy supplies, Lithuania was among the best equipped countries in Central and Eastern Europe to deal with the energy crisis. This is because ever since the reestablishment of its independence, Lithuania has been investing in alternative energy import routes. These included the development of the Būtingė oil terminal, the electricity interconnections NordBalt and LitPol Link, the Klaipėda LNG terminal and the Gas Interconnection Poland–Lithuania. All of these infrastructure projects allowed Lithuania to quickly cut its reliance on Russian energy supplies.[4] It was on 22 May 2022 that Lithuania confirmed it had ceased buying gas, oil and electricity from Russia.[5]
Lithuania has set a target to generate 70% of electricity from renewable sources by 2030, increasing to 100% by 2045.[6]