Litgrid, the Lithuanian transmission system operator, predicts in this year's 10-year plan that electricity consumption in the country will be 46% higher in 2031 than last year. As the demand for electricity grows, the company plans to launch dozens of construction and reconstruction projects each year, and Litgrid plans to spend more than €2 billion in total to ensure the reliability and security of the grid. As we prepare for an impressive electrification leap, the company is sending a message to the labour market and future graduates: the demand for energy professionals will grow from time to time.
2022 July 1
New Baltic states’ electricity transmission operators' project - Regional Coordination Centre launches
The Baltic Regional Coordination Centre (RCC), which provides network security services to the Baltic states’ electricity transmission system operators - Litgrid of Lithuania, Elering of Estonia and AST of Latvia starts operating on 1st of July. The Centre will operate as an independent organisation.
2022 June 29
Electricity transmission system operators will cooperate to ensure system adequacy
The operators of the nine Baltic Sea Region countries will work together to ensure the adequacy of the region’s electricity system. The decision was taken by the leaders of Lithuanian electricity transmission system operator Litgrid, Latvian AST, Estonian Elering, Danish Energinet, Finnish Fingrid, Swedish Svenska kraftnät, Norwegian Statnett, Polish PSE and German 50Hertz at a meeting of the leaders of the Baltic Sea Region’s transmission system operators in Tallinn on 28 June.
2022 June 17
Litgrid sustainability performance: connected 217 MW of renewable energy sources to the grid; will use renewable energy for its own use; significantly increased green procurement
Over the past year, Litgrid, Lithuania’s electricity transmission system operator, has limited the use of environmentally hazardous materials, connected 250 MW of renewable power plants to the grid, fostered relations with local communities, and paid attention to the safety of its employees and to the favourable working conditions during the pandemic.
2022 June 10
Rokas Masiulis presenttaion at Nasdaq event CEO meets investors
Litgrid CEO Rokas Masiulis presentation at Nasdaq event CEO meets investors 2022
2022 June 7
Transmission system operators from Estonia, Latvia, Lithuania, and Poland signed the agreements in the framework of CEF program for the synchronization Phase 2 part II projects
AST, Elering, Litgrid and PSE, the electricity transmission system operators (TSOs) of the Baltic countries and Poland, signed the grant agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) for EUR 170 million of EU support which will help to finance the planned investments under the project Phase 2 part II of the Baltic Synchronisation.
2022 June 2
Baltic states’ electricity grid operators refuse balancing energy from Russia
Since 1 June, the Baltic states’ electricity transmission system operators - “Litgrid” of Lithuania, “Augstprieguma tikls” of Latvia and “Elering” of Estonia - have been balancing the electricity system jointly, while maintaining a balance with the Russian electricity system in line with BRELL standards.
2022 May 26
Litgrid prepares for the isolated operation test of Lithuania’s electricity system by testing the main Lithuanian power plants
Tests in March and April verified the ability of the power plants to operate at high frequency deviations. This is the first time such tests have been carried out in Lithuania.
2022 May 20
Russian electricity will no longer be traded in the Baltic states
On 20 May 2022, “Nord Pool”, the operator of the electricity exchange, decided to suspend the trading of Russian electricity by the companies of the “Inter RAO” group, which are the only ones importing electricity from Russia to the Baltic states. From Sunday, Russian electricity will no longer be imported to Lithuania.
2022 May 12
Methodology on capacity calculation and allocation with third countries approved
Approved the updated Methodology on cross-zonal capacity calculation and allocation with third countries
