The geothermal energy resources are indicating a gradual growth of the geothermal fluids in the Lithuania . The evaluation stage involving exploitation of the resource for power generation is already in place. The thermal energy offered by the geothermal source is constantly increasing and at the same time, the private partnership in this sector is encouraged by the government. The use of the geothermal resource is considered to contribute to the growth of the Lithuania s economy by supporting various industries like farming, tourism and various industrial establishments such as space heating, therapeutic, drinking, bathing and recreation.
Lithuania government has amended various laws to establish a national regime for the promotion of renewable energy power production. In addition, efforts are on to fix the energy purchase price, calculated on a project-to-project basis, to guarantee a fair return on investment.
The government is encouraging companies that are willing to do business following the new policies. However, there are multiple market entry strategies that may help the process. The companies that have previously been most successful are maintaining their local presence with strategic, local joint venture programs.
2. Research Methodology
3. Market Overview
3.2 Market Demand to 2022
3.3 Recent Developments in the Geothermal Power Industry of Lithuania
3.4 Government Policies and Regulations
4. Markets Dynamics
5. PESTLE Analysis
6. Lithuania Geothermal Power Market Analysis, by Technology
6.1 Dry Steam Plants
6.2 Flash Steam Plants
6.3 Binary Cycle Power Plants
7. Company Profiles of Key Players
7.1 EPC Contractors & Equipment Suppliers
7.2 Project Operators & Developers
8. Competitive Landscape
8.1 Mergers & Acquisitions
8.2 Joint Ventures, Collaborations and Agreements
9.2 Contact Us