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Lithuania: EUR 180 million state aid scheme to support electricity storage

Description

On 14 October 2024, the European Commission approved a EUR 180 million (USD 196.31 million) state aid scheme from Lithuania to foster the transition to a net-zero economy. The scheme provides financia...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Oct 2024

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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