News and Events
The Board of Joint Stock Company “Conexus Baltic Grid”, unified registration number 40203041605, legal address: Stigu street 14, Riga, LV-1021, Latvia (hereafter – the Company) convenes and announces that the Annual Meeting of Shareholders of the Company will take place on April 25, 2024, at 10.00 am at Stigu street 14, Riga…
The green transformation of the European Union is moving society towards a modern and competitive economy, to achieve the climate neutrality goals in 2050. With the significant increase of the amount of renewable energy sources and the simultaneous development of electrification, a faster electricity consumption increase is…
On January 21, 2021, JSC "Augstsprieguma Tīkls" together with the other Baltic transmission system operators (TSOs) prepared and published the Baltic Load-Frequency control block (LFC block) concept, which described plans for establishing and implementation of methodologies and processes necessary for operation of Baltic LFC…
An agreement is signed on a project of critical importance for the safe management of the Latvian power system – the construction of the Dispatch Control and Data Centre “Jāņciems” and the reconstruction of the production base of JSC "Augstsprieguma tīkls" (AST). The implementation of the project of national…
Latvian transmission system operator Augstsprieguma tīkls AS (AST) and German company Rolls-Royce Solutions GmbH (Rolls-Royce) have started cooperation on the construction of Battery Energy Storage Systems (BESS) essential for the security of the energy system of Latvia. Rolls-Royce will install the battery system at AST…
The revenue of the Latvian transmission system operator JSC "Augstsprieguma tīkls" (AST) in 2023 was 156.42 million EUR, but the profit, compared to 2022, decreased by 9% and reached 9.96 million EUR, according to the published unaudited financial statements for the previous year.
During the reporting period, AST's…