News & events

2024 February 29

Litgrid's 2023 results: objectives reached, reliability of electricity transmission ensured, loss turned into profit

In 2023, Litgrid, the Lithuanian electricity transmission system operator, has achieved its objectives of preparing for synchronisation with the continental European grid, connecting renewable generation capacity to the transmission grid and ensuring reliable electricity transmission. While the company's revenues declined, the loss of a year ago was replaced by a profit.
2023 December 18

EPSO-G announces the selection of board members for Amber grid and Litgrid

EPSO-G, group of energy transmission and exchange companies, announced the selection process for the boards of Amber Grid and Litgrid. Candidates for independent Board members are invited to submit their applications by 31 January next year.
 
2023 December 11

Baltic Sea region TSOs to assist Lithuania, Latvia and Estonia synchronise with continental European network

8 December 2023 a meeting of the Baltic Sea region's electricity transmission operators in Stockholm consolidated the region's support and assistance to the Lithuanian, Latvian and Estonian operators in the process of synchronisation with the continental European grid and discussed the region's most important energy projects.
 
 
2023 November 29

Baltic and Polish electricity transmission operators complete dynamic stability study of accelerated synchronisation

The Polish Institute of Power Engineering Gdansk office, together with the Baltic and Polish electricity transmission operators Litgrid, AST, Elering and PSE, has completed a study to assess the technical feasibility of earlier synchronisation with the continental European grid. The results of the study show that synchronisation in February 2025 is technically possible and secure.
 
2023 November 13

Litgrid and PSE are considering an alternative for the new Polish-Lithuanian interconnection

Lithuanian and Polish electricity transmission system operators Litgrid and PSE are considering various alternatives for the planned new electricity interconnection between Lithuania and Poland.  
 
 
2023 November 6

Litgrid results for 9 months: completed strategic projects, system security ensuring devices arrived in Lithuania

Lithuanian electricity transmission system operator Litgrid in the third quarter of 2023 completed two strategic electricity transmission line reconstruction projects that increased the reliability of the grid, and delivered synchronous condensers, which are necessary for synchronisation with Continental Europe, to Telšiai and Alytus substations. In the first 9 months of this year, network reliability indicators were better than last year. The company's revenue was down compared to the same period last year, while profits were higher.
2023 September 5

An important cargo from Litgrid has reached Ukraine: a powerful autotransformer will provide electricity to hundreds of thousands

A second aid package from Lithuanian electricity transmission system operator Litgrid has reached Ukraine, it will help rebuild the energy infrastructure of the country affected by the war. The package consists of an autotransformer delivered to Ukraine this week and other power grid equipment shipped earlier this year. The total market value of the equipment is about €3.6 million.
 
 
2023 August 28

Litgrid's results for the first half of the year: synchronisation readiness tested, electricity transmission reliability increased

Litgrid, Lithuanian electricity transmission system operator, has implemented its seventh project to prepare for synchronisation with the continental European grid, reserved transmission network capacity for renewable energy developers after the introduction of the new rules, and increased the reliability of electricity transmission to consumers. The company's revenues and profits were higher than in the same period last year.
2023 August 2

Baltic TSOs signed an agreement for synchronisation to take place in February 2025

Elering, AST and Litgrid, operators of the electricity transmission systems of Estonia, Latvia and Lithuania, signed an agreement on the synchronisation. According to the agreement, disconnection from the Russian-controlled system and synchronous connection to the continental European grid will take place in February 2025.
2023 May 5

Litgrid First Quarter Results: Continuation of Synchronisation Projects and Important Decisions for the Development of Solar and Wind Energy

At the beginning of this year, the Lithuanian electricity transmission system operator Litgrid consistently continued strategic projects for the synchronisation with the Continental Europe, introduced new rules for the development of renewable energy sources, ensured reliable electricity supply to Lithuanian consumers, provided support to the Ukrainian electricity system, including sending one of the most important transmission network devices, a 330 kV autotransformer. The company's revenue and profit grew, although the transmission rate for consumers decreased as congestion management revenues was used. 
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