Events archive
On December 27, 2024, at the extraordinary general meeting of shareholders of Latvian transmission system operator JSC "Augstsprieguma tīkls" (AST), it was decided to increase the company's share capital by EUR 1 105 196 in accordance with the share capital regulations approved by the shareholder. The invested funds will be u…
Latvia’s electricity transmission system operator, JSC Augstsprieguma tīkls (AST), will receive financing of EUR 80 million from Luminor Bank over the next year to implement infrastructure projects aimed at enhancing the security of the national energy system.
The funding will be allocated to a series of critical infr…
In order to inform stakeholders about the development of the Baltic balancing market, the Baltic TSOs have previously published the Baltic Balancing Roadmap, which outlines that the accession of AS "Augstsprieguma tīkls" to the PICASSO platform, simultaneously with th…
The Baltic region has transitioned to 15-minute trading intervals in the intraday electricity market. The shift was successfully implemented with the first intraday market auctions on December 16 and continuous trading transactions on December 17. This transition from 60-minute to 15-minute trading intervals aims to improve m…
On august 13th, 2024 AS "Augstsprieguma tīkls" together with the TSOs of Baltic Capacity Calculation Region (CCR) launched a public consultation via ENTSO-E on the proposal for amendments of the market-based methodology of cross-zonal capacity allocation for the exchange of balancing capacity or sharing of reserves, in accord…
Latvia’s transmission system operator, JSC “Augstsprieguma tīkls” (AST), has received its first shipment from Italy. Rolls-Royce Solutions GmbH has delivered inverters and battery control equipment for the Battery Energy Storage System (BESS). This system, among the most powerful of its kind in the European Union, will be ins…