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Technologically neutral auction of electricity of renewable sources


​INFORMATION ABOUT THE OF AUCTION, where provided quota to be distributed is 0,7 TWh.

According to the schedule for the allocation of promotion quotas for electricity generation from renewable sources for 2020–2022 approved by the Government of the Republic of Lithuania, a new auction for the allocation of a promotion quota of 0.7 TWh is announced.

Information about the auction for the allocation of 0.7 TWh promotion quota ​
Auction name The year 2020 promotion quota allocation auction, in which will be distributed 0.7 TWh of electricity from renewable sources
Promotion quota0,7 TWh
Promotion perriod12 years from the date of issue of the permission for the winner to generate electricity .
Maximum price45,06 Eur/MWh
Reference price42,04 Eur/MWh
Maximum price premium3,02 EUR/MWh
Acceptance of documents

2020 August 25–31 (inclusive) in National energy regulatory council (address Verkių st. 25C-1, LT-08223 Vilnius) or sent by e-mail [email protected], during Council working hours (8.00 – 12.00 and 12.45 – 17.00 on Mondays – Thursdays; 8.00 – 12.00 and 12.45 – 15.45 on Fridays).
Time Zone Currently Being Used in Lithuania UTC+3 hours.

​Public keys of the Secretary of the Auction Committee for encryption of the submitted data
​​Download (.zip)
Participation fee200 Eur

Luminor bank AS Lietuvos skyrius​, account nr.: LT934010049501288776

Secretary of the Auction Committee

Justina Malakauskaitė, telephone +370 5 213 5241 or +370 612 43 686

First meeting of the Auction Committee

The meeting will not take place
​Meeting of the Auction Committee​2th of September 2020 (Report of the meeting of Auction Comittee is available in Lithuanian here)
(The auction for renewable energy did not take place, please find press release here).

 Auction documents

Description of the auction conditions (available in Lithuanian here).
​Questions-answers​Answers to the most frequently asked questions in Lithuanian you may find here.
INFORMATION ABOUT THE OF AUCTION: UAB WINDFARM AKMENĖ ONE WON THE AUCTION
​The winner of the auction

On the 16th of January National energy regulatory council (NERC) announced the winner of the auction for the allocation of quotas for the promotion of electricity from renewable sources – UAB WINDFARM AKMENĖ ONE.

WINDFARM AKMENĖ ONE UAB, recognized as the winner of the auction, offered 0 Eur / MWh price premium to the market price and a maximum annual amount of electricity production - this participant will receive the entire 0.3 TWh incentive quota.

According to the Law on Renewable Energy, the operator must accept, transmit and / or distribute on a priority basis the total amount of electricity offered by the winner of the auction for 12 years from the start of electricity generation.

Offers from participants

A total of 7 bidders participated in the auction. Three bidders offered a price premium of 0 EUR / MWh to the market price, while others offered 0.56 EUR / MWh, 1.81 EUR / MWh, 1.91 EUR / MWh and 3.86 EUR / MWh (maximum possible price premium - 3.86 Eur / MWh).

Participants who offered the lowest price premium (0 Eur / MWh) to the market price submitted the revised bids. Taking into account that the offered lowest price premium was the same by all participants, the participant who offered the highest annual amount of electricity production was announced as the winner of the auction.

The auction for the allocation of the promotion quota for 0.3 TWh of renewable electricity was launched on 2th of September, 2019. The Auction was conducted in accordance with the Regulation of Auction of Incentive Quota of Electricity Production of Renewable Sources approved by the NERC.

Auction stages:
• 2019 September 2 - announcement of the Auction.
• 2019 November 11 – 2019 November 25 – acceptance of documents.
• 2019 November 26 – first meeting of the Auction committee.
• 2019 December 3 – December 12 – meetings of the Auction committee.
• 2019 December 18 – approval of the list of participants at the NERC meeting.
• 2019 December 20 – Stage I Committee of the Auction.
• 2019 December 24 – 2019 December 30 – submission of envelopes with revised tenders.
• 2020 January 7 – Meeting of the Auction stage II committee.
• 2020 January 16 – confirmation and announcement of the winner of the Auction.

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More information is avialable in Lithuanian.