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VMG Energy to Install 15 MW Battery Storage Park in Klaipėda District

VMG Energy to Install 15 MW Battery Storage Park in Klaipėda District

From Delfi · () Lithuanian

Translated from Lithuanian, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • VMG Energy will install a 15 MW battery energy storage system in the Klaipėda district.
  • The system will balance the electricity grid by storing excess power and returning it when demand rises.
  • This investment aims to enhance the competitiveness of industrial areas by ensuring reliable energy supply.

VMG Energy is set to install a 15 MW battery energy storage system (BESS) in the Klaipėda district, a move aimed at bolstering the competitiveness of industrial areas. The system's primary function in its initial phase will be to participate in electricity system balancing markets.

According to the company, the BESS will store electricity during periods of surplus and supply it back to the grid when demand increases or power shortages occur. This capability is crucial for participating in frequency regulation and reserve markets, where energy storage solutions help maintain real-time grid balance.

Energy readiness is becoming one of the most important factors determining the competitiveness of industrial areas.

— Diana GedminčėHead of VMG Energy's real estate department, explaining the strategic importance of the investment.

Diana Gedminčė, head of VMG Energy's real estate department, highlighted the growing importance of energy readiness for industrial zones. "Investors today evaluate not only the available electricity capacity but also the infrastructure's ability to ensure a reliable energy supply and adapt to growing needs," she stated. "Energy storage solutions are becoming an essential part of modern industrial infrastructure."

Currently, VMG Industrial Park can provide up to 60 MW of electricity capacity to investors, with plans to expand these capabilities in the future. The new BESS represents a significant step in meeting these expansion goals and ensuring a stable energy future for the region.

Investors today evaluate not only the available electricity capacity but also the infrastructure's ability to ensure a reliable energy supply and adapt to growing needs. Energy storage solutions are becoming an essential part of modern industrial infrastructure.

— Diana GedminčėHead of VMG Energy's real estate department, emphasizing the role of energy storage for industrial competitiveness.
DistantNews Editorial

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.