Baltic balancing capacity market: an opportunity for investments in batteries and renewable energy solutions
Elta EN
PHOTO:
Lithuanian electricity transmission system operator Litgrid, together with Latvian and Estonian operators Augstsprieguma tikls (AST) and Elering, have calculated that from 2025, when the Baltic balancing capacity market will start operating, the demand for balancing capacity will reach up to 1,512 MW. The new market is being created in preparation for synchronisation with continental Europe, after which the Baltic countries will become one frequency control block and order balancing capacity services together, Litgrid announced.