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European network of transmission system operators for electricity (hereinafter – ENTSO-E) has developed draft Network Code on Electricity Balancing (hereinafter –NCEB), that describes balancing principles which European TSOs have to comply with. NCEB states that ensuring balancing of transmission system by purchase/s…

News

The three Baltic electricity transmission system operators (TSO) have developed an action plan towards synchronous operation with the network of Continental Europe, with the target of establishing synchronous operation by 2025.

Baltic synchronous operation with the network of Continental Europe will eliminate dependen…

News

Estonian and Latvian Transmission System Operators Elering AS and "Augstsprieguma tīkls" AS agreed on the new auction rules for the PTR-limited auctions.

The issuing of and trading with the PTRs-limited is a regional long-term electricity trade risk hedging instrument designated for the electricity market participants…

News

Baltic transmission system operators have signed a Memorandum of Understanding on the calculation and allocation of cross-border capacities for the next year 2015. The document, which becomes effective as of 1 January 2015, formalizes the status quo: the rules, applied in 2014, are planned to be used until the end of 2015. Th…

News

On October 29, 2014 European Commission (EC) and Energy Commission of Connection European Facility (CEF) evaluated the co-financing applications by energy Project promoters in order to receive co-financing under the framework of EU Regulation No 1316/2013 and made a decision to include in the list two strategically important…

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Baltic TSOs are planning to continue to apply in 2015 capacity calculation and capacity allocation within Baltic States and with 3rd countries (Russia and Belorussia) rules following the methodology applied in 2014. Latvian electricity market participants have been informed about this decision in the meeting of 27 October…