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Ignitis Cooperates with LTG: Green Energy for a Green Planet!

Ignitis Cooperates with LTG: Green Energy for a Green Planet!
photo: Ignitis group/Ignitis Cooperates with LTG: Green Energy for a Green Planet!
01 / 05 / 2022

As a result of the LTG Infra tender for the electricity supplier services provision, Lithuanian energy company Ignitis will supply electricity produced from renewable energy sources to the entire Lietuvos Geležinkeliai (LTG) group starting from May 1, 2022. The companies have signed a one-year contract with a maximum value of EUR 23.5 million, excluding VAT.

"Trains are the greenest mode of transport and rail freight, and passenger transport is the least polluting. Going green is one of the strategic directions of Lietuvos Geležinkeliai Group, and we are looking for and implementing solutions that help reduce climate impact and protect the environment. By using energy from renewable sources in our operations we are reducing our carbon footprint," says Karolis Sankovski, CEO of LTG Infra.

He said the electrification of Lithuania's central railway would reduce the country's impact on climate change and contribute to making Europe a climate-neutral continent.

"It is important for us to be able to contribute to the sustainable decision of one of Lithuania's largest, strategically important companies to choose green electricity. It strengthens our country's energy independence and creates a cleaner environment for us all. We see a strong interest in the business sector in electricity generated from renewable energy sources, so we are constantly looking for solutions to further increase capacity and ensure that green energy is the first choice for every responsible business," says Martynas Boratinskas, Head of Ignitis' Business Solutions Department.

By purchasing green energy for its operations, the LTG Group will thus reduce the CO2 emissions by almost 40,000 tonnes per year.

As of 2019, all of the electricity used by the LTG Group is produced from renewable sources. The company consumes 94 million kWh of electricity per year, of which 15 million comes from electric trains, the largest consumer of electricity.