Construction, Ecology, Energy, Good for Business, Industry, Lithuania, Port
International Internet Magazine. Baltic States news & analytics
Tuesday, 10.12.2024, 09:39
Lithuanian government paving way for wind turbine production in Klaipeda
The measure will also allow shipbuilding and repair
companies to expand. Their development is now hampered by the port's failure to
upgrade outdated quays as the return on investment is too low.
The Cabinet approved the Transport Minister's proposal to
allow the port to build and develop the infrastructure necessary for
shipbuilding and repair yard and for the production, assembly or storage of
wind turbines and their components.
It also reduced the port authority's required average annual
return on investment to 2%, from 6%.
Deputy Transport Minister Gytis Mazeika has told that
the reduced return requirement would only apply to specific activities that do
not generate financial returns but are important for Lithuania, such as ship repair
operations that employ a large number of people.
According to the government resolution, drafted by the
Transport Ministry, the port infrastructure used by Klaipedos Laivu Remontas
(Klaipeda Ship Repair Yard) and Vakaru Laivu Gamykla (Western Shipyard)
was built 50 years ago and is worn out, and the two companies are asking for
around 77 mln euros, not including VAT, to be invested in it.
Shipbuilding and ship repair enterprises are the port's
largest employers with a total workforce of around 2,000 people. They also hire
almost 2,000 contractors and provide services to the Navy.
Upgrading their infrastructure would help them grow their
operations and revenue, create new jobs, and provide services to NATO ships.
Wind turbines could be produced or stored there, too.
Several legislative amendments to build a 700-megawatt wind
farm in the Baltic Sea have already been tabled to the Seimas. If the
parliament passed them by Christmas, an offshore wind auction could take place
in 2023.
Lithuania's state-controlled energy group Ignitis Grupe
has unveiled plans to invest in a wind farm in the Baltic Sea jointly with its
strategic partner Ocean Winds, a joint venture by Europe’s energy leaders Engie
and EDPR.
Lithuania's business group Achemos Grupe also has
such plans and wants to build a factory to produce wind turbine components in
Klaipeda where it owns Klasco, one of the port's biggest
operators.
Denmark's renewable energy company Orsted is also
interested in the future auction.
- 28.01.2022 BONO aims at a billion!
- 13.02.2021 Моя жизнь в газете. Очерки по новейшей истории Латвии. Глава 1
- 30.12.2020 Накануне 25-летия Балтийский курс/The Baltic Course уходит с рынка деловых СМИ
- 30.12.2020 On the verge of its 25th anniversary, The Baltic Course leaves business media market
- 30.12.2020 Business Education Plus предлагает анонсы бизнес-обучений в январе-феврале 2021 года
- 30.12.2020 EU to buy additional 100 mln doses of coronavirus vaccine
- 30.12.2020 ЕС закупит 100 млн. дополнительных доз вакцины Biontech и Pfizer
- 29.12.2020 Linde Gas открывает завод в Кедайняйской СЭЗ
- 29.12.2020 Президент Литвы утвердил бюджет 2021 года
- 29.12.2020 18-19 января Наталия Сафонова проводит семинар "Управленческий учет во власти собственника"