Our purpose
Our purpose is to create a 100% green and secure energy ecosystem for current and future generations
100% green and secure energy ecosystem
We fulfill our purpose by leading the regional transition into a climate-neutral, secure and independent energy ecosystem and contributing to Europe’s decarbonisation by facilitating renewable energy flows from Northern to Central Europe (incl. Germany).
By leading the regional transition in Lithuania and the Baltics, we strive to become one of the first 100% green energy systems in Europe.
By energy ecosystem we mean the combination of the multiple interdependent parties involved in the generation, consumption, transformation and transportation of clean energy (including industry, transport and heating).
Purpose driven priorities
Green
Growing green generation and green flexibility capacity
Installed Green Capacities
4–5 GW by 2030
Flexible
Creating a flexible system that can operate on 100% green energy in the short, medium, and long term
- Pumped-storage hydro: 1.0 GW in 2026
- Batteries: commercial-scale by 2027
- Power to X: successful pilot project, paving the way for commercial scale
Integrated
Utilising the integrated business model to enable Installed Green Capacities build-out
Leveraging strong position in the Baltics:
- The largest customer portfolio
- The largest energy storage facility
- The largest network
Sustainable
Maximising sustainable value
Net zero by 2040–2050
ESG leadership and Investments aligned with EU Taxonomy
≥3% annual dividend growth
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Our values
Our values unite, motivate and inspire us: responsibility, partnership, openness and growth
Strategy in brief
Delivering 4–5 GW of installed green generation and green flexibility capacity by 2030
Net zero emissions by 2040–2050
Strategic plan
We are exploiting the opportunities for green energy expansion, while accelerating the energy transition and electrification in the Baltics and Poland
Integrated business model
Ignitis Group is a renewables-focused integrated utility. We are leveraging our integrated business model to enable Green Capacities build–out