US Banks On Lithuania (!?) To Prove LA100 Renewable Energy Model
. Alongside the member countries there are a dozen or so associates and aspiring countries. Notably, Russia is not an IEA member or associate. It is listed as an accession country, not a member, of OECD.
Lithuania has consistently emphasized energy security in its energy strategy and regional engagement. Regional supply security has become a top priority, as the Baltic states ceased electricity imports from Belarus in 2020 and are targeting the full synchronization of their power systems with that of Continental Europe by 2025.Did Vladimir Putin read that IEA report? Who knows! If he did, all the more reason to flex the power of Russia’s fossil energy economy while there is still time.
If you’re thinking green hydrogen, that’s only part of the equation, but it’s an important element due to Lithuania’s access to offshore wind power in the Baltic Sea. Hydrogen is both a fuel and an energy storage medium that is transportable on multiple platforms including highway, rail, ship, and pipeline.
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