Transmission system operators of Baltic Capacity Calculation Region launch a public consultation on the proposal for fallback procedures for capacity allocation for the Baltic Capacity Calculation Region.
2017 March 21
One power link may be sufficient for synchronisation
One LitPol Link interconnection may be sufficient for synchronisation of the Baltic countries’ power systems with the Continental European Network, provided systems are prepared to operate in an isolated mode safely.
2017 March 3
Customers’ input in securing the flexible management of the power system will be assessed
As the consumption and generation of renewable electricity is on the rise, the Lithuanian electricity transmission system operator Litgrid and the electricity and gas distribution company Energijos Skirstymo Operatorius (ESO) will seek ways to ensure the effective and flexible operation of the power system in the future.
2017 February 23
Litgrid CEO Daivis Virbickas: We are focusing on sustainable long-term results
During the year 2016, the Litgrid Group reports an increase in revenues, costs and operating profits. The financial results were determined by the launch of the power links with Poland and Sweden, higher revenues from transmission services, connection of new producers and congestion. The results were also positively affected by higher electricity consumption due to the country’s economy growth.
2017 February 21
Electricity consumption in Lithuania: highest in a quarter of a century
In 2016, the final electricity consumption in Lithuania totalled 10.47 kilowatt hours (or 10.47 terawatt hours, TWh). A record growth in the consumption was observed last year: residents, businesses, agriculture and transport used 4.5% more electricity compared to 2015. The growth rate in agriculture was as high as 8.4%, service sector 5.7%, residents 4.3%, and transport sector 4%. The lowest year-on-year growth rate (3.5%) was recorded in the industrial sector.
2017 February 7
Upgrading Infrastructure in Northeast Lithuania for Synchronisation with the European Grid
Litgrid, the electricity transmission system operator, intends to upgrade two 330 kilovolt (kV) transformer substations in Ignalina and Utena by 2021.
2017 January 20
Virbickas: It’s time for Europe to embrace regional energy perspective
Litgrid’s CEO Daivis Virbickas has emphasized at the Platts Central and Eastern European Power Conference that regional opportunities must be considered and explored when planning the energy sector development.
2017 January 16
Baltic power systems preparing for isolated operation test
The power systems of the three Baltic countries are preparing for the significant step towards synchronisation. For a short period of time they will be disconnected from the energy systems of neighbouring countries and will become an independent energy system for the time of the test. A study on preparation for isolated operation test started in January.
2017 January 4
Market Price Reduced 13% Due to Operation of NordBalt and LitPol Link
In 2016, the average price for electricity in the Lithuanian bidding area of Nord Pool was the lowest in the history of the exchange: EUR 36.5 per megawatt hour (MWh).
