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The feasibility study of the Baltic States’ integration into the EU internal electricity market and the equipment of possible links performed by a Swedish consulting company Gothia Power has been accomplished. The feasibility study was ordered by Litgrid, Augstsprieguma tikls and Elering – electricity transmission system oper…

News

Nord Pool Spot as well as the Latvian (AST) and Lithuanian (Litgrid) electricity transmission operators agreed on launch of intraday electricity trading platform (Elbas) on 10th of December, 2013.

Elbas is a cross-border intraday electricity market where adjustments to trades in the day-ahead market…

News

On 31 July 2013, “Augstsprieguma tīkls” AS joined the “Fair Euro Introducer” initiative, thus supporting transparent introduction of the euro and fair commercial practice in Latvia.

The objective of the entrepreneurs’ initiative “Fair Euro Introducer” is to facilitate fair and transparent introduction of the euro in L…

News

The Latvian independent system operator AS “Augstsprieguma tikls” (AST) acquired a 2% share of Nord Pool Spot on 30 August 2013.

Estonian TSO Elering and Lithuanian TSO Litgrid became shareholders in August 2012. With this transaction completed, all the three Baltic TSOs have become shareholders of Nord Pool Spot, eac…

News

The new edition of Network Code was approved with the Public Utilities Commission Council decision No.1/4 on 26 June 2013. The Network Code was published on the official publisher „Latvijas Vēstnesis” on 2 July 2013 and it took effect the day after the publication.

The new edition introduces changes made in sections r…

News

On grounds of the Network Code, the Transmission System Operator as of 3 July 2013 applies such balancing energy ratios:

  1. Balancing energy selling price for service providers is set by multiplying the balancing energy price by ratio 1.03;
  2. Balancing energy purchase price for service providers is set by mu…