News and Events
On 9 January 2025, exactly a month before the Baltic States join the European energy system (synchronisation), the first synchronous condenser station in Latvia was connected to the power transmission grid. It is one of one nine stations in the Baltics that will maintain a stable frequency to ensure the reliability of the…
In February 2025, the energy systems of the Baltic States will disconnect from Russia's energy system and join the energy system of continental Europe, which is three times bigger than Russia's energy system in terms of power generated. This is the largest energy independence and, at the same time, regional security project…
AS "Augstsprieguma tīkls" together with the other Baltic TSOs – Litgrid AB and Elering AS, and the TSOs of the Baltic Capacity Calculation Region (CCR) have jointly developed proposals necessary for the establishment of the Baltic Balancing Capacity Market:
Baltic Balancing Capacity Market Rules in accordance with…To further enhance the efficiency of Latvia’s transmission system operator JSC “Augstsprieguma tīkls” (AST), its shareholder – the Ministry of Climate and Energy – has decided to further reduce the number of supervisory board members. While AST’s statutes permit a five-member supervisory board, the current four-member…
On December 27, 2024, at the extraordinary general meeting of shareholders of Latvian transmission system operator JSC "Augstsprieguma tīkls" (AST), it was decided to increase the company's share capital by EUR 1 105 196 in accordance with the share capital regulations approved by the shareholder. The invested funds will be…
Latvia’s electricity transmission system operator, JSC Augstsprieguma tīkls (AST), will receive financing of EUR 80 million from Luminor Bank over the next year to implement infrastructure projects aimed at enhancing the security of the national energy system.
The funding will be allocated to a series of critical…