News & events

2018 december 5

XBID – 2nd Wave Go-Live and Changes in Gate Opening Time from 1st January 2019

Over 6.3 million trades completed in XBID. Expansion of XBID into further countries expected summer 2019. Harmonisation of Gate Opening Times from 1st January 2019 will be communicated locally by Transmission System Operators.
2018 november 12

Public consultation on Rules for suspension and restoration of market activities and Rules for imbalance settlement of balancing energy in case of suspension of market activities

LITGRID AB has launched public consultation regarding fallowing proposals:
- proposal for rules concerning the suspension and restoration of market activities;
- proposal for rules for imbalance settlement and settlement of balancing capacity and balancing energy.
2018 october 18

Regarding legislation amendments

On 2018 October 16th the amendments prepared by the Ministry of Energy of the Republic of Lithuania of the Procedures for electricity import and export  and the Rules for electricity trading have been approved.
The legislation amendments regulate determination of capacity for trade on interconnectors between Lithuania - Belarus and Lithuania - Kaliningrad region of the Russian Federation.
2018 may 16

Interim unaudited financial results of Litgrid for the first 3 months of 2018 - sustainable financial results and high electricity transmission reliability

There were no interruptions at the high-voltage network attributable to the operator’s fault that would have caused interruption of electricity supply. 
The asynchronous interconnections operated reliably - LitPol Link was available to the market 100% of the time throughout the first quarter of 2018 and NordBalt was available to the market 92% of the time.
2018 may 16

European Cross-Border Intraday (XBID) Solution and 10 Local Implementation Projects confirm go-live date for June 2018

Nominated Electricity Market Operators (NEMOs) and Transmission System Operators (TSOs) confirm the target date for the launch of XBID and the go-Live of 10 Local Implementation Projects of 12th June with first deliveries on 13th June. 
2018 may 11

Litgrid Event “Creating Value for Society“ today at 10:00

Today, 11 May 2018 
at 10:00
at Vilnius TechPark and live on the web
2018 may 3

Invitation: Litgrid Event “Creating Value for Society“

11 May 2018 at Vilnius TechPark and live on the web
2018 may 2

Nord Pool Restructures For the Future

The Nordic and Baltic Transmission System Operators (TSOs), owners of Nord Pool, Europe’s leading power market, announced today, Thursday 3 May, the re-organisation of the legal structure of the company – separating its Market Coupling Operator functions from the commercial Power Exchange functions.  
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