54 thousand euros for KTU student scholarships from Ignitis Group

Important | 2023-07-11

Ignitis Group, the largest listed energy company in the Baltic States, has granted 54,000 euros to Kaunas University of Technology (KTU) students, who are studying in the fields of electrical and energy engineering. First- and second-year students of Renewable Energy Engineering and Electrical Engineering study programmes will be awarded 3,000 euros in scholarships, paid in 300 instalments over 10 months.

The experts predict a huge demand for qualified specialists in the energy sector, which is currently undergoing a transformation. It is estimated that over the next decade, Lithuania will need several thousand additional staff with knowledge within the field: companies will be in competition, and energy studies will be in high demand.

Ignitis Group is already starting to nurture the younger generation, and help students who chose to study in the field of energy engineering. This energy company has signed agreements with nine Lithuanian higher education institutions to provide nearly 300,000 euros in support of their students during the academic year of 2023–2024. Kaunas University of Technology (KTU) is one of those institutions.

“The demand for engineers and technology professionals is growing every year, and it is estimated that Lithuania will need at least 2,500 additional specialists by 2030. Seeing such a demand, we want to encourage young people to choose studies in the field of energy, and ensure that they have good conditions at their chosen higher education institution,” says Giedrė Žlibinienė, Head of the #EnergySmartSTART programme.

The support numbers have doubled

The support for scholarships to almost a hundred first- and second-year students is twice larger than last year, when, following the launch of the large-scale #EnergySmartSTART programme, Ignitis Group awarded 150,000 euros to 50 first-year students in the fields of engineering and electrical engineering. This year, the scholarships will be available not only for new entrants but also for students going into their second year and continuing their studies. One student will receive a 300-euro monthly grant for 10 months.

“The transformations in Lithuania’s energy sector are advancing, solar and wind infrastructures are expanding, we are investing into innovative green solutions, and building a sustainable future. It would be a shame if Lithuania’s potential to achieve these goals was held back by the lack of specialists. That is why we are doing everything we can to attract young people, to get them interested in the field of energy, and to encourage them to choose this path with bright prospects,” says Žlibinienė.

It is anticipated that if production rates continue to grow, Lithuania will be one of the first countries in the world to meet 100% of its energy needs solely from alternative energy sources.

“For the long term, we are focusing on green and flexible technologies, such as offshore and onshore wind farms, with the priority on collecting, converting, and storing the electricity. Energy has been more than a network of pipes for a long time now. It is a fusion of innovation, information technologies, and the environment. Energy specialists with a wide range of skills are wanted all over the world,” says Žlibinienė.

More information about the programme: #EnergySmartSTART | programmme