Amber Grid, Lithuania’s gas transmission operator, has unveiled an ambitious €3.3 billion investment plan for the next decade, aimed at advancing the country’s energy independence. The strategy, approved by the company’s Board, is in line with the National Energy Independence Strategy and will support Lithuania’s transition to a more sustainable, climate-neutral economy by 2035.
The bulk of Amber Grid’s investment will focus on renewable energy infrastructure, with a major emphasis on creating a green hydrogen corridor. This will be accompanied by the development of a carbon dioxide (CO2) transportation network and upgrades to the existing gas transmission infrastructure to increase resilience. These investments will be funded through a combination of EU and international funds, along with optimized debt and equity capital.
Nemunas Biknius, CEO of Amber Grid, emphasized that the strategy’s main goals are to establish a reliable infrastructure for clean energy, ensure national security, and support the energy sector’s transformation. He stated, “We aim to make Lithuania energy self-sufficient, while creating value for the economy.”
While Amber Grid moves forward with new projects like the Green Hydrogen Corridor and CO2 network, it will also continue to maintain and modernize the existing gas transmission system. Biknius noted that gas would remain a crucial energy source in Lithuania and Europe for the foreseeable future. “We have a responsibility to ensure the security of the gas transmission system and protect communities near pipelines,” he said.
Amber Grid’s strategy aligns with the broader goals of its parent company, EPSO-G Group, which seeks to accelerate energy independence and improve system reliability. The Group’s mission is to drive green transformation while safeguarding national and energy security. Achieving this vision will require strategic investments in financing, innovation, partnerships, and digitalization.
To support the implementation of this plan, Amber Grid expects to increase its workforce by 30% over the next decade. The company is already training specialists in green energy technologies and collaborating with international partners to create a unified European hydrogen network.
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