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. The principles of calculation and allocation of capacities are planned to remain unchanged throughout next year, until the start of LitPol Link and NordBalt operation.
“Currently used methodology for the calculation and allocation of capacities facilitates the effective and maximum use of the electricity infrastructure,” said Varis Boks, chairman of the Board of the Latvian electricity transmission system operator Augstsprieguma tikls.
The terms and conditions established in the Memorandum provide the opportunity for electricity market participants to evaluate this year’s experience and use it to plan their actions for the year to come.
The Memorandum establishes the principles of cooperation of Baltic transmission system operators and covers the signed bilateral agreements. Reliability of the Lithuanian, Latvian and Estonian power systems is guaranteed by constant regional coordination, information exchange on commercial and physical electricity flows, harmonised terms and notions, and clearly defined functions of each operator.
Market participants can find the respective rules applicable during 2015 in the following sites of the Baltic TSOs:

1. Latvian TSO "Augstsprieguma tīkls" web-page;
2. Estonian TSO "Elering" web-page;
3. Lithuanian TSO "Litgrid" web-page.