PORTUM invests in modern energy storage solutions

PORTUM is taking a significant step to strengthen the energy efficiency of the real estate assets it manages – within the next six months, the company will install a high-capacity electricity storage system. These investments will not only enable more efficient use of energy generated from renewable sources, but will also contribute to balancing Lithuania’s overall energy system. The planned investment amounts to €300,000 (excluding VAT).

The majority of electricity consumed in the company’s managed properties is already generated by solar power plants. Therefore, the storage solution will be a natural next step toward even more efficient energy management.

The new large-capacity storage system will make it possible to fully utilize the production potential of solar power plants, effectively store surplus energy, and use it when demand is highest.

The storage system will also help mitigate electricity price fluctuations on the power exchange – energy will be stored during periods of lower prices and used during peak tariff periods, significantly reducing electricity costs for the properties. In addition, the storage unit will enhance the energy flexibility of properties administered by PORTUM, enable smoother management of internal energy flows, and ensure a more sustainable and predictable operating model.

One of the additional advantages of the project is increased autonomy during potential electricity supply disruptions. The energy storage system will help maintain the operation of critical processes.

The project is financed by the European Union (“NextGenerationEU”) under the “New Generation Lithuania” plan, and the funding will enable even faster implementation of modern energy solutions and expand the scale of green transformation across PORTUM’s managed infrastructure.