As the current CEO’s five-year term draws to a close, Litgrid, a subsidiary of the EPSO-G, new energy group, has opened a public recruitment process for the role of Chief Executive Officer.
2025 August 8
Litgrid first half results: strategic energy independence projects continue to be successfully implemented
In the second quarter of this year, Litgrid, the Lithuanian electricity transmission system operator, continued to provide seamless operation of the electricity system in the Continental Europe Synchronous Area, which Lithuania joined in February together with the other Baltic countries. Strategic projects ensuring Lithuania's energy independence were also completed in April–June. Litgrid continued to ensure the reliability of electricity supply. Due to temporary factors affecting the electricity balancing market, the company incurred a loss in the first half of the year, but the adjusted financial results were stable compared to the same period last year.
2025 July 11
The first solar park joins the electricity balancing market in Lithuania
Litgrid, the Lithuanian electricity transmission system operator, welcomes a new participant in the electricity balancing market. Meiluškiai solar park, developed by European Energy, submitted its first bids in the market. This is the first solar park in the country to contribute to ensuring the balance between electricity consumption and generation in the Lithuanian electricity system.
2025 May 29
Litgrid delivers 200-tonne autotransformer to Ukraine
Lithuanian electricity transmission system operator, Litgrid, has delivered a third autotransformer to Ukraine. This equipment will contribute to the restoration and strengthening of Ukraine’s electricity transmission network. A single autotransformer of this capacity is capable of supplying electricity to more than 250,000 people.
2025 May 13
Eight Baltic Sea TSOs publish roadmap for efficient and re-silient offshore grid to connect the countries
- Expert-paper presented at the Conference of Energy Ministers in Warsaw
- Potential of 93 GW Offshore Capacity in the Baltic Sea Basins
- Questions of safety and protection of maritime infrastructure play a vital role
2025 May 9
Litgrid first quarter results: energy independence achieved, reliable electricity supply ensured
On February 9, 2025, Litgrid, the Lithuanian electricity transmission system operator, successfully completed the Baltic synchronisation with continental Europe, which had been planned for more than 10 years. The reliability of electricity supply continued to be ensured during the first three months of this year. Due to temporary factors affecting the electricity balancing market, the company incurred losses, but the adjusted financial results were better than in the same period last year.
2025 April 23
Litgrid commences design work for the Harmony Link overland interconnector
Lithuania’s electricity transmission system operator, Litgrid, has signed a contract for the design work of the Harmony Link overland electricity interconnector with Poland. The appointed contractor will be responsible for preparing the main technical solutions and designing the key infrastructure elements of the interconnector on the Lithuanian side – a 220 kV transmission line and the Gižai substation.
2025 April 18
New services launched in the Baltic balancing market after all three countries joined PICASSO platform
Litgrid, Augstsprieguma tīkls and Elering, the electricity transmission system operators of Lithuania, Latvia, and Estonia, have launched new reserve services in the Baltic balancing capacity market following the accession of all three countries to the European balancing energy exchange platform PICASSO.
2025 March 5
Litgrid joined the European balancing energy exchange platform PICASSO
Lithuanian electricity transmission system operator Litgrid has successfully accessed the pan-European Platform for the International Coordination of Automatic Frequency Restoration Reserves and Stable System Operation (PICASSO). Litgrid became the 13th electricity transmission system operator (TSO) to join the platform which enhances economic and technical efficiency integrating the European balancing markets and ensuring system security.
2025 February 9
Estonian, Latvian, and Lithuanian power systems successfully synchronised with Continental Europe
Estonia, Latvia, and Lithuania have successfully synchronised their electricity systems with the Continental Europe Synchronous Area on 9 February 2025 at 14:05 today. This is a key milestone for the Baltic States and for Europe strengthening the energy resilience and independence across the region.
