Ausgstprieguima tīkls AS and the Estonian and Lithuanian TSOs filed a financing application with the European Commission for funding the first stage of investments for synchronizing the Baltic electricity systems with continental European frequency area.

In the first stage of the project, Estonia, Latvia and Lithuanian will first reinforce their domestic transmission systems. The cost of the first phase of the project is estimated at EUR 432 million: in Latvia - 77,72 million EUR, in Lithuania - 167.05 mln. EUR and Estonia -187.79 mln. EUR. It is expected that 75% of the total project expenses will be covered by the Connecting Europe Facility funds

The works must be completed such that the Baltic states can synchronize their power systems with the continental Europe frequency area in 2025.