RECOMMENDATIONS FOR THE ADJUSTMENT/REDESIGN OF COMPLEMENTARY INTEGRAL MEASURES (English summary only)

In an effort to encourage industrial enterprises participating in the EU Emissions Trading
System (EU ETS), Lithuania is providing financial support from the European Union's
Modernization Fund to Lithuanian industrial enterprises (EVRK ed. 2, Section C) for the
implementation of energy-efficient technologies and renewable energy sources. A total of 40 million
euros is allocated to industrial enterprises. In October 2022, two calls were announced for industrial
enterprises: 30 million euros for the implementation of energy-efficient production technologies in
enterprises and 10 million euros for the implementation of renewable energy sources.

After a year of evaluating project selection and ongoing projects, it can be concluded that it
was difficult for industrial enterprises to use financial support for the implementation of energy-efficient technologies because not all the costs that applicants wanted to implement using EU
Modernization Fund funds were not foreseen in energy audits. In addition, different energy
consumption and greenhouse gas (GHG) (hereinafter - GHG) calculation methodologies used in
energy audits lead to different results of the effectiveness of measures and GHG savings, which did
not allow industrial enterprises to receive more assistance and make decisions to implement projects
and thus contribute to the transformation of climate-neutral industry