Exactly 70 years ago in October, 1945, the Lithuanian power system was put into operation. The operation of generators at the Kaunas and Vilnius power plants was synchronized after a power line connecting the power plants had been installed, and the balance between power generation and consumption was maintained by the central system control centre.
2015 October 16
Litgrid CEO: Better use of the power system – possibilities in our hands
Two power interconnections, the NordBalt and LitPol Link, are to start operating from January and will provide new opportunities for Lithuania to make better use of the power system infrastructure for the attraction of new large consumers, according to Daivis Virbickas, Chairman of the Board and CEO at Litgrid, the Lithuanian electricity transmission system operator, at the 7th Lithuanian Energy Conference.
2015 October 12
NordBalt to provide more energy security for six million people in the Baltic countries
Two months remain until the completion of the biggest joint Swedish and Lithuanian project NordBalt.
2015 October 8
D. Virbickas: We aim to become the Baltic Sea region’s energy competence centre
On 8 October the King of Sweden, His Majesty Carl XVI Gustaf, and his delegation visited the most modern power system control centre in the Baltic countries and got acquainted with the history of Lithuanian power system control.
2015 September 17
Minister of Energy: NordBalt Opens the Surplus Scandinavian Electricity Market for Lithuania and Latvia
The 453-kilometer long 700 megawatt NordBalt power interconnection is one of the most important projects in the history of Baltic countries’ energy sectors.
2015 September 17
Information about the results of public consultations on the draft rules for the capacity calculation and allocation
On 11 September Baltic TSOs submitted reviewed draft rules to Baltic countries’ National Regulatory Authorities and asked for their review and approval.
2015 September 14
NordBalt cable lying safe on the bottom of the Baltic Sea
All cable-related works on the NordBalt power interconnection have been completed in the Baltic Sea. The 400 km long submarine cable connecting Lithuania and Sweden has been protected from vessel anchors and fishing equipment along its most vulnerable sections.
2015 September 9
Litgrid CEO: LitPol Link to increase the competitiveness of the region
Common Lithuanian-Polish energy sector projects will benefit not only the two countries, but the entire region by contributing to better security of supply and deeper integration of energy markets. Such vision is shared by Litgrid CEO Daivis Virbickas in Krynica Economic Forum.
2015 September 8
Reconstruction of the 330 kV switchyard – the gate of LitPol Link - completed
One of the key components of the electricity interconnection with Poland LitPol Link - the 330 kV switchyard at the Alytus transformer substation was completed in the beginning of September. As soon as LitPol Link starts operating, the switchyard will become the crossroad of the power flows between Lithuania and Poland.
2015 August 28
Litgrid Group‘s results for the first half of 2015 announced
In the first half of 2015 the Litgrid Group‘s profit before tax was EUR 2.8 million compared to EUR 2.7 million losses in the corresponding period of 2014. The results were mainly determined by 26% decrease in costs.
