Since 1st of January 2018, Elering AS, AS “Augstsprieguma tīkls”, LITGRID AB (hereinafter: Baltic TSOs) have harmonized the imbalance settlement principles with regard to single imbalance pricing and single imbalance portfolio model in accordance with the Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing (hereinafter: EBGL) within all three Baltic areas.
2021 September 20
Litgrid has connected the first battery to the Lithuanian power transmission network
Lithuanian power transmission system operator Litgrid installed the first battery connected to the power transmission network at the Vilnius transformer substation.
2021 August 18
Litgrid has announced the procurement of a Harmony Link interconnection cable
Implementing the largest synchronisation program project Harmony Link and preparing for the construction of the electricity connection between Lithuania and Poland, the Lithuanian electricity transmission system operator Litgrid has announced the purchase of a 700 MW High Voltage Direct Current (HVDC) cable. The construction of this cable is a key part of the Harmony Link project.
2021 August 6
Litgrid results of the first half of 2021: as the quantity of transmitted energy increased, the revenue grew by more than 10%.
During the first half of this year, the need for transmission of electricity services grew: compared to the same period last year, the quantity of transmitted electricity increased by 9.2%. During the first six months of this year, the revenue of the Lithuanian electricity transmission system operator Litgrid amounted to 112,4 million and were 10.8% higher than at the same time last year. System reliability indicators kept on increasing.
2021 July 9
Results of the public consultation on the market study of the electricity balancing reserves
On March 12, 2021, AS Augstsprieguma tīkls, together with other Baltic TSOs, - Estonia 's Elering and Lithuania 's Litgrid published a jointly developed electricity balancing reserve market study Baltic Reserve Capacity Market Study (hereinafter – the Study). Public consultation was launched inviting electricity market participants to express their views regarding the electricity balancing reserve market study.
2021 June 3
Introducing new Baltic Transparency Dashboard
Baltic TSO's announce the roll out of the new Baltic common transparency solution, named the Baltic Transparency Platform (hereinafter BTD).
2021 May 31
Litgrid and PSE approved the investment decisions for the Harmony Link
Litgrid and PSE, transmission system operators of Lithuania and Poland, both have made the final investment decisions on the implementation phase of the Harmony Link interconnector project, a submarine power cable line between Poland and Lithuania.
2021 May 6
TEPCO study provides recommendations for Baltic States on expansion of renewable energy sources by 2050
As Baltic States prepare to dramatically increase renewable energy production and generate up to 100% electricity from renewable energy sources by 2050, Japanese energy company TEPCO Power Grid Inc. analysed technical measures and economic considerations that need to be tackled. TEPCO’s feasibility study provided recommendations and specified minimum requirements for new converter-based generation in Baltic States.
2021 May 5
The results of Litgrid for the first quarter of 2021: more electricity was transmitted, revenues increased by 15.8 percent, the system operated reliably
During the first quarter of this year the Lithuanian electricity transmission system operator Litgrid transmitted bigger amount of electricity and increased the revenues of the company by 15.8 percent. The indicators of the transmission system were better compared to the same period last year.
