CEO of Lietuvos Energija Proposed to ENTSO-E Board
OREANDA-NEWS. On August 17, 2009 Electricity Transmission System Operators (TSOs) of the Baltic States – Lithuania, Latvia and Estonia have reached a common decision on a joint delegation of the countries in a unified European TSO organization ENTSO-E and propose a candidate to its board member on behalf of the Baltic States – Mr. Aloyzas Koryzna, Chairman of the Board and CEO of Lietuvos Energija AB. A decision regarding Mr. A. Koryzna’s approval for ENTSO-E Board Member in the General Assembly of ENTSO-E is to be reached on September 23, this year, reported the press-centre of Lietuvos Energija.
“This is a highly important step while Lietuvos Energija concentrates on projects, related to the national power system’s integration into West Europe, its security and strengthening of independence", - said Mr. A. Koryzna.
The key strategic projects of the Lithuanian power system – integration into West European power system, Lithuania-Sweden and Lithuania-Poland power link projects and reinforcement of the domestic power grids while creating the Baltic energy ring. To mention but a few – projects on construction of 330 kV Klaipeda-Telsiai overhead line and expansion of Klaipeda transformer substation, interconnection of 330 kV overhead lines Jurbarkas-Sovetsk and Klaipeda-Sovetsk through construction of a switchyard in Bitenai.
About ENTSO-E (European Network of Transmission System Operators for Electricity): On December 19, 2008, a new association was established by CEOs of the European companies performing the functions of TSOs in 42 countries – the European Network of Transmission System Operators for Electricity (ENTSO-E). The association was formed on the basis of former international organisations as UCTE, ETSO, NORDEL, BALTSO and the UK and Irish associations, which previously had operated as a separate area. The association covers the entirety of Europe including non-EU states such as Norway and Switzerland. Further information: www.entsoe.eu
Briefly about Lietuvos Energija AB: Lietuvos Energija AB is a subsidiary of the national investment company LEO LT AB, which performs functions of electricity transmission grid (110-330 kV voltage) owner, system operator and market operator and seeks to ensure the stability of electricity transmission and power system in Lithuania. LEO LT AB controls 96.4 per cent of Lietuvos Energija AB shares. Further information: www.le.lt
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