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Announcements

The Latvian transmission system operator AS Augstsprieguma tīkls (AST) ended 1st quarter of 2022 with a loss of 3.55 million EUR, resulting from the increase in the price for electricity, since the average price of electricity in the 1st quater was higher by 238% than current tariff. Augstsprieguma tīkls Group revenue in the…

Market

To comply with the requirements of Article 60 (1) of Commission regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity guideline (EBGL Regulation) Elering AS, AS “Augstsprieguma tīkls”, "LITGRID" AB (Baltic TSOs) have prepared and published report on balancing for period 1st of January 2020 –…

Market

From Sunday, May 22, electricity imports from Russia to the Baltic States and Finland have been suspended. Trade has stopped at the Russian-Latvian, Kaliningrad-Lithuanian and Russian-Finnish borders, through which Russian electricity imports have taken place so far.

"This means that Russian electricity no longer…

Announcements

On 28 April, the shareholders' meeting of the subsidiary of JSC Augstsprieguma tīkls - the single natural gas transmission and storage system operator JSC Conexus Baltic Grid (Conexus), the Supervisory Board of the company was elected with changes to its current composition. 7 members of the Supervisory Board were confirmed…

Announcements

The revenue of the Latvian transmission system operator JSC "Augstsprieguma tīkls" (AST) in 2021 was 125.79 million EUR (in 2020 – 146.85 mil. EUR) and the profit – 54.85 mil. EUR (in 2020 – 9.99 mil. EUR), according to the AST Group's annual report for 2021 approved in the AST shareholders' general meeting. At the AST…

Announcements

On April 20th, 2022, the Board of JSC Augstsprieguma tīkls (AST) decided to convene the General Meeting of Shareholders of AST on April 29th, 2022, at 2:00 PM in the premises of the Ministry of Finance of the Republic of Latvia, in Riga, Smilšu Street 1, including the following issues in the agenda of the General AST…

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