News & events

2015-12-04

First electricity from Poland traded on the market

The supply increased in the Lithuanian bidding area of the Nord Pool Spot. On 1st December Lithuania sold electricity transmitted directly from Poland on the market for the first time. Electricity was supplied through LitPol Link at 150 MW capacity during the tests of interconnection.
 
“This is the first time that the electricity transmitted directly from Poland was sold in the Lithuanian market. Lithuanian electricity transmission system operator Litgrid sold the electricity transmitted from Poland during the interconnection test, thus marking the date from which a new source of supply became available in the market. LitPol Link opens new power markets to Lithuania, ensuring diversity and security of power supply”, said Daivis Virbickas, Litgrid CEO and Chairman of the Board. 
 
The LitPol Link tests determine interconnection’s readiness for electricity transmission both ways between Lithuania and Poland. The tests began last week by transmitting electricity at low capacity from Lithuania to Poland. The electricity needed for the power testing is bought and sold by the electricity transmission system operators.
 
LitPol Link is part of the Baltic Energy Market Interconnection Plan. The project is partially financed by the Connecting Europe Facility, a framework for EU infrastructure networks.
 
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