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Baltic TSOs Launch Multi-NEMO Intraday Trading Arrangement, Opening the Market to Competition
The Baltic electricity transmission system operators (TSOs), together with regional partners, have reached a significant milestone in the evolution of the Baltic power market. The launch of the Multi-NEMO (Nominated Electricity Market Operator) arrangement marks a decisive step toward a more competitive, transparent, and service-oriented wholesale trading environment across Estonia, Latvia, and Lithuania. Beginning 25 November, a new…
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Axpo and Energix join forces to optimise Poland’s first utility-scale battery energy storage system
Axpo and Energix, a leading renewable energy developer and independent power producer, have signed an agreement to optimise the largest battery energy storage system (BESS) in Poland. This is yet another such contract to be signed by Axpo in Poland this year. Under the agreement, Axpo is responsible for full revenue optimisation of the energy…
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Lithuania, Poland, Estonia, and Latvia, initiate a €382 million project to fortify critical energy infrastructure.
In late September 2025, Lithuania, together with Poland, Estonia and Latvia, launched a €382 million coordinated effort to bolster the resilience of their power transmission infrastructure against aerial threats—especially drones. The plan is spearheaded by Lithuanian grid operator Litgrid and Poland’s PSE, with Lithuanian Energy Minister Žygimantas Vaičiūnas and Litgrid CEO Rokas Masiulis playing prominent roles in pitch…
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Poland Secures €189M Loan to Modernize Power Grid and Boost Energy Security
Poland’s power transmission system operator, Polskie Sieci Elektroenergetyczne (PSE), has secured an increased loan exceeding 800 million zlotys (€189 million) from the National Power Grid Reconstruction Plan (KPO), provided by Bank Gospodarstwa Krajowego (BGK), PSE announced. The loan carries a 0.5% interest rate and is scheduled for repayment by December 2050. The funds, sourced from the Energy Support Fund, part of Poland’s National Recovery and…
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Baltic States TSOs to strengthen their resilience agains cyber and physical attacks.
After successfully coordinating the synchronisation of the Baltic States with the continental European network, the electricity transmission system operators of Estonia, Latvia, Lithuania and Poland are now planning on strengthening the resilience of their power systems against hybrid security threats. To this end, the operators have submitted an application for European Union funding to support…
