/26th February 2018, RENEWABLE MARKET WATCHTM/ Lithuania’s new government supports renewable energy and intends approximately 200 MW of new residential and commercial solar photovoltaic (PV) capacity under an improved net metering scheme to be installed in Lithuania over the next three years. In Lithuania, renewable electricity generation plants with the total installed capacity of up to and including 10 kW are promoted through a sliding feed-in premium, i.e. the difference between the guaranteed tariff and the sale price for electricity generated from RES. This price shall not be lower than the average market price of the previous month. It shall be calculated according to the procedure set by the NCC (Chapter III Art. 20 Par. 2 and 14 Law on Energy from Renewable Sources).
Electricity generated by RES plants whose installed capacity does not exceed 10 kW shall be purchased at a guaranteed price set by the National Commission for Energy Control and Prices (NCC). A guaranteed price is paid for up to 50 % of electricity generated from renewable energy sources during a calendar year (the so-called “surplus electricity”) (Chapter III Art. 20 Par. 14 Law on Energy from Renewable Sources).
The National Commission reassesses the guaranteed tariffs for Energy Control and Prices (NCC) every 6 months, taking into account the actual amount of electricity generated during the previous calendar year, the total installed capacity of the already operational RES plants and the total capacity of the RES plants under construction (Chapter III Art. 20 Par. 6 Law on Energy from Renewable Sources).
According to the Law on Energy from Renewable Sources, excess electricity produced by a solar, wind and biomass power installation in Lithuania can be fed into the electricity grid and sent back to the self-generating customers when the electricity is not produced (net-metering). Eligible for net-metering are solar, wind and biomass power installations operated by individuals (≤ 10 kW) and legal persons (≤ 100 kW). For the self-generated and consumed electricity amount, a self-generating customer is relieved from paying a Public Service Obligation levy. However, he has to pay the fee for using the electricity grid set by the National Commission for Energy Control and Prices (NCC).
More information about fast-developing solar market in Lithuania you may read here: Europe Solar Photovoltaic (PV) Power Market Outlook 2017 ÷ 2026