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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…
News

Nord Pool Spot is pleased to announce the successful launch of a new Elspot bidding area in Latvia on 3 June 2013. With this Nord Pool Spot has realised its long term goal of creating a transparent and open Baltic power market, with public, reliable prices, connected to the Nordic region.
Commenting on the launch, Mikae…

News

Section „Electricity market” contains information about procedure of balancing service for all Latvian electricity market participants, including those which intend to trade electricity in the Latvian bidding area of the Nord Pool Spot AS (NPS) Power Exchange. More information can be found…