The Baltic’s and Poland’s electricity transmission system operators (TSOs) AST, Elering, Litgrid and PSE signed the grant agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) for 170 million euros of EU support which will help to finance the planned investments under the project Phase 2 part II of the Baltic Synchronisation.
Funds will be spent on enhancing power lines and substations, the implementation of battery energy storage systems, as well as boosting IT control systems and power automatics. The total amount of funding from CEF synchronisation Phase 2 part II eligible costs is 230 million euros where 75 per cent will be co-funded by CEF.
The European TSOs community is consequently implementing the synchronisation process of three Baltic States’ electricity systems with the Continental European Synchronous Area. They are currently operating together with the Russia-controlled IPS/UPS system. Additional infrastructure will not only allow for a smooth synchronisation process but also enable new market opportunities and strengthen the regional energy security.