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Lietuvos Energija AB is the owner of electricity transmission (330 – 110 kV) grid and through its daughter companies performs the activities of electricity transmission operator, market operator and other activities in the field of electric power
The company owns 222 transformer substations and switchyards, more than 6,000 kilometres of 330kV and 110 kV electric lines, the Kaunas Hydro Power Plant and the Kruonis Pumped Storage Plant. Both power plants are the main tools for ensuring capacity balances and regulation of regimes.
The company-controlled transmission system is interconnected by four electric lines with Latvia, five with Belarus and three with Russia (the Kaliningrad Region). One of the main objectives of Lietuvos Energija is the integration of Lithuania’s power system into the Western European electricity market along with the development of regional co-operation. Expansion of the transmission grid is planned in the near future by interconnecting it with the electricity systems of Poland and Sweden. The Lithuanian-Polish interconnection project is of immense importance for the development of an integrated EU electricity market and for the improvement of the reliability of supply. By utilising the common capabilities of the power systems of the Baltic States, establishment of the Common Baltic Electricity Market needed for successful integration of the Baltic States into the electricity markets of Western Europe and the Nordic countries is projected.
In its endeavours to properly and efficiently implement its functions, the company pays a lot of attention to technical and scientific progress, training of specialists and intensively implements scientific and technical innovations in its operations.
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