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Turnover of the Latvian independent power transmission system operator JSC Augstsprieguma tīkls (AST) in 2017 increased to 159,185,762 euros with profit of 319 thousand euros, according to the unaudited report of 2017 published by the company.  Within the reporting period the company paid more than 22 million euros in taxes.…

Market

AS "Augstsprieguma tīkls" and Elering AS launch a public consultation via ENTSO-E on the "Estonia-Latvia Bidding Zone Border Specific Annex for the Baltic Capacity Calculation Region to the All TSOs' Proposal for Harmonised Allocation Rules for Long-term Transmission Rights in Accordance with Article 52(3) of Commision Regula…

Market

The launch of the Cross-Border Intraday project (XBID) is targeted for June 12 2018, and will enable continuous trading of electricity across 15 European countries. Nord Pool, together with other Power Exchanges and TSOs from these countries recently held a user forum to give an overview of the XBID project, borders/market ar…

Development

eng_cef_cofinancing.pngDuring his visit to Latvia European Commission (EC) Vice-President for Energy Union Maroš Šefčovič approved of the achievements of JSC "Augstspr…

Development

eng_cef_cofinancing.pngToday, on 1 February, JSC “Augstsprieguma tīkls” (AST) signed a contract with the general partnership "EE-LV Interconnection" on designing and c…

Market

Nominated Electricity Market Operators (NEMOs) and Transmission System Operators (TSOs) announce a revised target date for the launch of XBID and the go-Live of 10 Local Implementation Projects of 12th June with first power deliveries on 13th June. 

This revision enables additional testing to be undertaken to ensure t…