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EPSO-G

Litgrid AB is the Lithuanian electricity transmission system operator, responsible for maintaining the stability and reliability of the national power grid and integrating it with the European energy market.

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Company facts

Founded
2010
Headquarters
Lithuania
CEO
Rokas Masiulis

About

Litgrid AB serves as the backbone of Lithuania's energy system, ensuring that every citizen, institution, and business across the country has a reliable and stable supply of electricity. Customers depend on a seamless flow of power for their daily lives and operations, and Litgrid's primary role is to manage this critical infrastructure. The company operates and maintains over 7,000 kilometers of high-voltage power lines and more than 200 transformer substations, which are essential for transmitting electricity from power plants to the distribution networks that reach end-users. This meticulous maintenance and control of electricity flows guarantee the stability and security of the national power grid, directly impacting the economic vitality and well-being of the Lithuanian people. Understanding the need for energy independence and market competition, Litgrid has been instrumental in integrating Lithuania into the broader European energy landscape. For customers, this means access to a more diverse and competitively priced electricity market. Litgrid has successfully implemented strategic projects of national importance, such as the NordBalt (Lithuania-Sweden) and LitPol Link (Lithuania-Poland) interconnections. These links have broken down the historical energy isolation of the Baltic states, providing greater security of supply and fostering a common European electricity market. The company is currently focused on the monumental task of synchronizing the Lithuanian power system with the Continental European grid. This strategic objective will further enhance the reliability of the power supply for all customers, ensuring that Lithuania's energy future is secure, independent, and aligned with the rest of Europe, ready to embrace the transition towards renewable energy sources.

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