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Ceturtdiena 23.05.2019 | Name days: Leontīne, Ligija, Lonija, Leokādija

EC finances synchronization of Baltic and European power grids

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUEuropean Union has decided to allocate EUR 323 million to finance the first stage of the Baltic and European power grid synchronization project, as confirmed by the European Commission.

The aforementioned amount accounts for 74.6% of the total costs – EUR 432.5 million. This amount was mentioned in the application submitted by Latvian, Lithuanian and Estonian transmission system operators – Augstsprieguma tīkls, Litgrid and Elering – to the European Commission’s Infrastructure Connecting Instrument. The maximum available co-financing amount is 75%.

AST representative Aija Ikstena   has confirmed that the company has been provided EUR 57.75 million, which is 75% of the EUR 77 million costs of planned infrastructure preparation work. Co-financing for future research – EUR 720,000 – for this period was not approved. AST plans to submit a repeated request for co-financing.

Lithuanian and Estonian transmission system operators have been provided with funding of EUR 141 million and EUR 125 million. In its application, Litgrid had requested funding of EUR 167.05 million, whereas Elering – EUR 187.79 million. The rest of the costs will be covered by operators.

As it is known, Baltic States have made a political decision to disconnect from the so-called BRELL power grid by 2025. BRELL power grid connects the three Baltic States with Belarus and Russia. Disconnecting from this grid would help synchronize with Europe’s power grid and reduce reliance on Russian infrastructure. In June 2018, leaders of EC, Latvia, Lithuania, Estonia and Poland signed a political agreement on synchronization of their respective power grids.

It is expected synchronization will use Lithuania’s and Poland’s LitPol Link interconnection and an additional sea cable connecting Lithuania and Poland, as well as synchronous compensators in all Baltic States.

This project’s estimated value could reach EUR 1.5 billion.


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