News and Events

Events archive
Market

XBID, the Single Intraday Coupling (SIDC) solution, is one year old today! Since the successful go-live on the 12th/13th June 2018 over 16 million trades have been executed. Expansion of the SIDC into seven further countries is expected in Quarter 4 2019.

The SIDC parties are pleased to recognise a successful first…

News

The annual accounts of the company approved by the shareholder meeting today show that the profits of the Latvian electric power transmission system operator, AS ‘Augstsprieguma tīkls’ (AST), reached 4.7 million euros in 2018, of which 3.6 million will be paid as dividends to the state; the remaining amount will be invested…

News

The transmission system operators of the Baltic states are currently actively working on synchronising their operations with the European electric power system by 2025. In order to promote public understanding of the importance of such synchronisation, its main benefits and events, a new section was created on the AST…

News

On 27 May 2019, the agreement for the connection of the Baltic states to the Continental Europe synchronous electric power network operation zone and its annex regarding the overall technical measures to be implemented for beginning synchronous operation took effect.

After the political decision to synchronise the…

Development

On 21 May 2019, the Cabinet of Ministers reviewed the Ministry of Economics report regarding the synchronisation of the power networks of the Baltic States with continental Europe networks, and confirmed the vision of synchronising the power networks of Latvia and Europe in 2025.

The Cabinet of Ministers also…

Development

Having installed the first pylons for the new transmission line ‘Third Latvia/Estonia interconnection’ in Rūjiena Municipality, AS ‘Augstsprieguma tīkls’ (AST) has begun the implementation of the project, with construction of new 330 kV transmission line from the Riga CHP-2 substation in Latvia to the Kilingi-Nōmme…

Newsletter

Stay informed - subscribe to our newsletter
The subscriber's email address.