News and Events

Events archive
Development

In the following years, a significant increase in energy produced by renewable energy resources (RES) is expected in Latvia and the whole Baltic Sea region. Therefore, the reliability and stability of the electricity system will require a greater involvement of balancing capacities, therefore one of the priorities in the…

News

An open competition for the positions of Chairman of the Board and Member of the Board (Legal and compliance) of the JSC "Augstsprieguma tikls" (AST) was announced on May 24, 2023, with an application deadline of June 13, 2023. By the set deadline, a total of 53 applications were received, of which 26 were submitted for the…

Announcements

The net turnover of the Latvian transmission system operator JSC "Augstsprieguma tīkls" (AST) in the first six months of 2023 was EUR 72.7 million, including revenues for electricity transmission network services in amount of EUR 37.2 million, but the profit before taxes reached EUR 0.3 million. The net turnover of the AST…

Announcements

JSC "Augstsprieguma tīkls" (AST) invites investors, mass media representatives and other stakeholders to join its webinar scheduled on September 7, 2023 at 10 AM (EEST). The webinar will be open to all registrants signed up through the link below.

During the webinar Member of the AST Board Gatis Junghāns and Head of…

Announcements

The international credit rating agency S&P Global Ratings (S&P) has published a financial report, maintaining the credit rating A- with a stable outlook for the Latvian transmission system operator JSC Augstsprieguma tīkls (AST).

The S&P Global Ratings financial report is available on the AST website: …

Market

As of January 2018, JSC "Augstsprieguma tīkls" alongside the other Baltic transmission system operators (TSOs) operate in a common model for balancing of power systems of Latvia, Estonia and Lithuania. To ensure this, the common Baltic coordinated balancing area (Baltic CoBA) was introduced and…

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