News & events

2018 May 2

Nord Pool Restructures For the Future

The Nordic and Baltic Transmission System Operators (TSOs), owners of Nord Pool, Europe’s leading power market, announced today, Thursday 3 May, the re-organisation of the legal structure of the company – separating its Market Coupling Operator functions from the commercial Power Exchange functions.  
2018 April 24

Public consultation on standard terms and conditions for balance responsible parties and balance service providers

LITGRID AB invites all relevant stakeholders to participate in the public consultation on standard terms and conditions for the balance responsible parties and balance service providers.
2018 April 19

EU invests in Baltic synchronization project

A grant agreement under the Connecting Europe Facility (CEF) was signed in the margins of the Informal Energy Council in Sofia 18th April 2018.
2018 April 10

Infrastructure Projects for Synchronization at a Full Speed

It is one of the largest reconstruction projects during the last decade, focused on the synchronization of the existing infrastructure with the Continental European Network
2018 February 14

Interim unaudited financial results of Litgrid for the twelve months of 2017

Litgrid Group has retained sustainable financial results and maintained high indicators of electricity transmission reliability and service quality in 2017.
2018 February 1

Electricity Consumption in Lithuania Hit Record High in FY 2017

The final electricity consumption in Lithuania in full year 2017 was 10.760 billion kilowatt hours, an increase of 291.7 million kilowatt hours or 2.8 per cent rise year-on-year. That was the highest consumption of electricity in Lithuania since 1992.
 
 
2018 January 31

European Cross-Border Intraday (XBID) Solution and 10 Local Implementation Projects announce a revised go-live date for June 2018

Nominated Electricity Market Operators (NEMOs) and Transmission System Operators (TSOs) announce a revised target date for the launch of XBID and the go-Live of 10 Local Implementation Projects of 12th June with first power deliveries on 13th June. 
2017 November 30

Baltic TSOs launch a common Baltic balancing market from 2018

Baltic countries agreed to work jointly towards opening, liberalizing and harmonizing electricity market as well as creation of a common balancing market and harmonized imbalance settlement and imbalance pricing.
2017 November 23

Litgrid Group‘s Results for Nine Months of 2017

Litgrid Group has retained sustainable financial results and maintained high indicators of electricity transmission reliability and service quality in nine months of 2017.