On 11th of December the first two transformers for the power interconnection NordBalt to link Lithuania with Sweden have been successfully unloaded from the vessel by a floating crane.
2014 December 8
Invitation to Respond to the Public Consultation on the Projects that could be Potentially Included in the List of PCI
Lithuanian electricity transmission system operator Litgrid invites to respond to a public consultation on the projects, which could be potentially included in the list of Projects of Common Interest (PCI).
2014 November 28
Litgrid Group‘s Financial Results for Nine Months of 2014 Published
During the first nine months of 2014, Litgrid Group’s total income was LTL 300 million, which is 28% less compared with the same period in 2013.
2014 November 13
About 60 percent of total electricity consumption will be imported this winter season
With the winter season approaching the Lithuanian electricity transmission system operator Litgrid presented system adequacy analysis. The analysis shows that Lithuania's electricity system will be able to meet the country's electricity needs even under severe conditions of weather, emergencies or other circumstances. Up to 62 percent of the consumed electricity may be imported from the neighbouring countries this winter season.
2014 November 11
NASDAQ OMX Commodities presents first financial products for electricity market players
As of November 11, the derivatives exchange NASDAQ OMX Commodities will start trading in derivative instruments linked to electricity prices in the Lithuanian and Latvian bidding areas of the power market Nord Pool Spot.
2014 November 7
Terms and conditions of PTR-limited Auctions announced for the year 2015
Estonian and Latvian Transmission System Operators Elering and AS Augstsprieguma tīkls agreed on the new auction rules for the PTR-limited auctions.
2014 November 6
The current methodology for the calculation of cross-border capacities will remain the same till beginning of 2016
Baltic transmission system operators have signed a Memorandum of Understanding on the calculation and allocation of cross-border capacities next year.
2014 October 23
LitPol Link ‘Power Bridge’ Construction Reaches Halfway Point
Construction of the LitPol Link power interconnection with Poland, one of Lithuania’s most important current energy projects, is rapidly pushing forward, with 45 percent of planned works now complete. As of mid-October, a third of the transmission pylons for the high-voltage power line planned in Lithuanian territory are already in place, construction of facilities for the high-voltage direct current (HVDC) back-to-back converter station is underway, and reconstruction of the Alytus transformer substation is nearing completion.
2014 October 17
New High-Voltage Transmission Line Successfully Launched
Electricity has begun flowing through the new high-voltage power transmission line running from Klaipėda to Telšiai. This is the first 330 kV power transmission line to be built in Lithuania since the restoration of independence.
2014 October 15
Environmentalists and energy specialists help save a rare plant species
With construction of the Lithuania-Poland power link LitPol Link gathering pace and work underway in Lazdijai District, environmentalists together with energy specialists have removed an endangered species from the power link’s route – the early marsh orchid (Dactylorhiza incarnata), which is also called the Lithuanian orchid. The plants were relocated to a safer nearby site.
