Litgrid’s investments in the transmission network upgrading projects amounted to over EUR 18 million in 2016.
2016 December 28
Negotiations over the Service for Tertiary Power Reserve for 2017 Completed
The tertiary power reserve service for 2017 will be provided by Lithuanian power plant. The service will be provided for € 32 million.
2016 December 28
Record Amount of Wind Power Connected to the Transmission Grid in 2016
The installed capacity of wind power in Lithuania is 500 MW.
2016 December 8
New power line being built in Alytus district
Work has started in Alytus district to construct a new overhead power line from Alytus to the Kruonis Pumped Storage Plant. With the last construction permits issued last week, the power line’s construction works will begin in the districts of Prienai and Kaišiadorys as well.
2016 December 2
The first tertiary reserve auction to be held next week
The Lithuanian electricity transmission system operator Litgrid is going to run the first tertiary reserve auction on December 5.
2016 November 25
Grid Reliability Underpinning Growth in Litgrid Group‘s Income
Income of Litgrid Group for the nine months of 2016 totalled EUR 123.1 million, a 69% increase compared with the same period of previous year. The Group’s net profit increased 3.5 times, totalling EUR 12.4 million. Such financial results were largely determined by increase in transmission revenue, connection of new producers and other operating income as well as congestion revenues.
2016 November 22
Success of infrastructure projects depends on society’s involvement in decision-making
The biggest challenge in developing the engineering infrastructure is to find a suitable place for it so that the infrastructure is acceptable to people living in its vicinity, adapted to the existing infrastructure and environmentally-friendly.
2016 October 31
Baltic TSOs launch a coordinated exchange of balancing energy
As of November 1st, the transmission system operators (TSOs) of Estonia, Latvia and Lithuania introduce standard manually activated frequency restoration reserves (mFRR) products.
2016 October 28
Cooperation between Litgrid and NATO Centre to ensure energy security
The Lithuanian electricity transmission system operator Litgrid and NATO Energy Security Centre for Excellence have signed a cooperation agreement. The two parties have undertaken to exchange experience in ensuring and strengthening Lithuania’s energy security.
2016 October 20
New power line to enhance the power transmission grid
The construction of a new power transmission line stretching from Alytus to Kruonis Pumped Storage Power Plant will start in mid-November. The first permits for the line’s construction were issued this week. This will be the second 330 kV new construction power line built in Lithuania since the restoration of the country’s independence. The first one was built between Klaipėda and Telšiai in 2014.
