Litgrid

2015 May 5

The last 50 kilometres of NordBalt cable will be soon laid to the seabed

During the month long work in 2015 the special vessel Topaz Installer laid more than 50 kilometers of HVDC cable NordBalt in the Baltic Sea. She is completing the laying of the second same length section at the moment.

There’s been three incidents in March and April this year when the commands by the Russian military navy were received by the vessels involved in the NordBalt cable installation.

2015 April 29

Construction on the NordBalt link is coming to an end

80% of the construction of the NordBalt electric power bridge between Lithuania and Sweden has been completed.

2015 April 28

Litgrid seeks partial European Union funding for electricity interconnection with Poland

Lithuanian electricity transmission system operator Litgrid submitted an application to the Connecting Europe Facility (CEF) programme for partial funding of electricity interconnection with Poland LitPol Link.

2015 April 21

LitPol Link MoU Brings Polish-Lithuanian Energy Trading a Step Closer

20 April 2015 a Memorandum of Understanding (MoU) has been signed to agree on common power trading principles for the LitPol Link, the new Lithuania-Poland power interconnection planned to open in the end of 2015.

2015 April 16

Electricity was cheaper throughout Baltic Sea region in March

In March the electricity price was the lowest since the Nord Pool Spot have been launched in Lithuania in 2012.

2015 April 2

Last 150 kilometres of NordBalt cable to be laid in the Baltic Sea

Today the NordBalt cable laying resumes in the Baltic Sea. The last 150 kilometres will be laid by the end of summer.

2015 April 2

Litgrid calls shareholders meeting

An ordinary general meeting of Litgrid shareholders will take place on 24 April. The agenda includes the presentation of consolidated annual report and financial statements as well as the election of a new Supervisory Board member.

2015 March 5

Litgrid and Lithuanian Ornithological Society launches a joint bird protection initiative

The Lithuanian electricity transmission system operator Litgrid and the Lithuanian Ornithological Society have signed an agreement on the joint bird protection project. High-voltage overhead power lines are a frequent cause of death of migrating or breeding birds. To reduce such threats, the overhead power lines will be fitted with special markers and other bird protection measures, and nest boxes will be manufactured and mounted.

2015 March 3

Invitation to response to the Public consultation and workshop regarding the draft of Harmonised Allocation Rules

Baltic TSOs – AST, Elering and Litgrid would like to draw attention and invite the Baltic Electricity market participants to participate in the ENTSO-E launched web based Public consultation regarding the Harmonised Allocation Rules (HAR).

2015 February 27

Litgrid Group financial results for 2014 announced

Litgrid Group reported an income of EUR 121.2 million for 2014, 29% lower compared to 2013. Income from electricity transmission accounted for 50% of the Group's total income - EUR 60.6 million.

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