Ignitis group

Ignitis Gamyba, a key subsidiary of the Ignitis Group, stands as a strategic and the largest electricity generation company in Lithuania. The company owns, operates, and develops critical national power generation capacities, which are fundamental to the energy security and stability of Lithuania and the broader Baltic region. Its diverse portfolio of assets includes the Elektrėnai Complex, which features a reserve power plant and a modern combined-cycle unit; the Kruonis Pumped Storage Hydroelectric Power Plant, the only one of its kind in the Baltic states; the Kaunas Algirdas Brazauskas' Hydroelectric Power Plant, the country's largest facility utilizing renewable resources; and the Vilnius Power Plant-3, which is currently in preservation.

The company plays a pivotal role in balancing the nation's energy system, providing essential ancillary services such as frequency control and power reserves. The Kruonis Pumped Storage Hydroelectric Power Plant is particularly vital for integrating the growing share of intermittent renewable energy sources, like wind and solar, into the grid by absorbing surplus energy and releasing it during periods of high demand. This capability is crucial as Lithuania and the Baltic states work towards synchronizing their electricity grids with the Continental European network, a historic transition aimed at enhancing energy independence and reliability. Ignitis Gamyba is actively contributing to this strategic goal, ensuring the technical readiness of its facilities. As part of the Ignitis Group's overarching strategy to create a 100% green and secure energy ecosystem, Ignitis Gamyba is also focused on increasing operational efficiency, driving innovation, and developing green generation capacities to support a sustainable energy future.