The energy transmission and exchange group “EPSO-G” has introduced a new Group Strategy extending to 2035. The strategic directions outlined focus on creating future-proof infrastructure, strengthening energy independence, enabling decarbonization, opening export markets, and ensuring system reliability and security. Emphasis is placed on cross-sector partnerships and sustainability.
To reinforce Lithuania’s energy independence and develop sustainable energy resource infrastructure, “EPSO-G” plans to invest €7–9 billion by 2035. Key investments are planned for synchronization with continental European networks (CEN), strengthening the existing electricity network, expanding connections, and developing natural gas networks as well as new projects for hydrogen and carbon dioxide networks, long-term energy storage, and an energy hub that will unlock the renewable energy potential of the region.
“The expansion of renewable energy strengthens Lithuania’s energy independence, enables decarbonization, encourages long-term investments, and reshapes the entire energy system. Planned projects within Lithuania and the region open up opportunities for Lithuania to become a green energy exporter. Our goal is to create a new energy system tailored to future needs, accelerate electrification, and promote cross-sectoral integration,” says Mindaugas Keizeris, CEO of EPSO-G.
The new energy strategy aims to strengthen Lithuania’s energy independence by building future infrastructure, ensuring security and reliability in the energy sector, and being a reliable partner.
“We view the transformation of the energy sector as one of the fundamental changes for our country. We will build the infrastructure that will support a climate-neutral energy system. At the same time, we aim to increase system flexibility, ensure reliability and resilience, and thereby contribute to national security. We understand that this energy transformation requires close collaboration among representatives from various industries and sectors, investors, and government institutions. We are committed to remaining a reliable partner for the state and businesses in developing eco-friendly infrastructure and solutions,” adds M. Keizeris.
The role of both current and future specialists is crucial in this strategy. EPSO-G focuses on creating a unified Group culture, identity, and opportunities for professional growth. “Our success depends on expertise, continuous growth, and the ability to operate in a changing environment. We are entering new areas that require expanded competencies. Therefore, we must be an attractive employer that Lithuanian and international talents are eager to choose,” says M. Keizeris.
To fully harness the renewable energy potential within the country and the Baltic Sea region, EPSO-G plans to expand the biofuel market, energy infrastructure construction and maintenance, and share its expertise through consulting services. Plans also include installing a network of high-power, ultra-fast chargers for heavy transport, speeding up the integration of renewable and flexible energy resources.
EPSO-G’s strategy outlines significant capital investments to reinforce the existing electricity transmission infrastructure, increase capacities, add new connections, and optimize the gas transmission infrastructure. It also includes the creation of new hydrogen and carbon dioxide networks, long-term energy storage, and an energy hub. By dedicating strategic investments to energy security, EPSO-G aims to maintain sustainable finances and a strong financial position. Project funding will rely on a mix of internal and external capital, support from EU funds, and partnerships. This approach will enable EPSO-G to secure funding for capital-intensive long-term regional projects, thereby enhancing value for its shareholder—the state—and contributing to Lithuania’s economic growth.
“Our strategy not only ensures Lithuania’s energy independence and climate neutrality but also opens opportunities to support regional growth, creating benefits for the state, residents, and businesses. The energy transformation and accessible resources create favorable conditions—increasing the country’s overall competitiveness, attracting investments, creating new jobs, all contributing to GDP growth,” states M. Keizeris, CEO of EPSO-G.
The EPSO-G group comprises the management company EPSO-G and six directly controlled companies: Amber Grid, Baltpool, Energy Cells, EPSO-G Invest, Litgrid, and Tetas. EPSO-G and Group companies also hold shares in GET Baltic, Baltic RCC OÜ, and TSO Holding AS. The Ministry of Energy of the Republic of Lithuania exercises sole shareholder rights and responsibilities over EPSO-G.
