|Republic of Lithuania
Ministry of Energy
EPSO-G group: income 225,2 mEUR, EBITDA 77,2 mEUR, employees 1 014
2017: income 64,3 mEUR, EBITDA 38,3 mEUR, 362 employees.
2017: income 144,4 mEUR, EBITDA 42,8 mEUR, 229 employees.
2017: income 781 thousand EUR, EBITDA 200 thousand EUR, 12 employees
2017: income 300 thousand EUR, EBITDA 160 thousand EUR, 3 employees.
2017: 18,8 mEUR, 375 employees.
|2.04% Start Up 170 Invest AS||50% LitPol Link Sp. Zo.o|
Please click on the icon to visit the site of companies of EPSO-G group.
EPSO-G is a state-owned group of energy transmission and exchange companies. The rights and obligations of EPSO-G shareholder are implemented by the Ministry of Energy of the Republic of Lithuania.
EPSO-G group consists of a holding company, the transmission system operators managing the infrastructures of electricity and natural gas transmission, the market operators managing natural gas, biofuels and wood exchanges, as well as the companies providing the infrastructure maintenance services.
The main activity of EPSO-G group with almost 1,000 qualified employees is to ensure uninterrupted, stable electricity transmission through high voltage grids and natural gas transportation through high pressure pipelines and efficient management, maintenance and development of these transmission systems. The Group also manages and develops the biofuels, natural gas and wood trade platforms designed to ensure competition in the market of energy resources and roundwood.
All the companies that are part of EPSO-G group are responsible for effective and timely implementation of the projects of energy transmission and exchange infrastructure development that are important for the state by contributing to the implementation of the goals set in the National Energy Strategy thus creating a sustainable long-term value for the shareholder – the State of Lithuania, people and the economy of the country.
On 31 December 2017 EPSO-G group consisted of the holding company EPSO-G, UAB, three direct subsidiaries LITGRID“ AB, “Amber Grid“,AB and BALTPOOL UAB as well as three indirectly controlled companies “TETAS“ UAB , “LITGRID“ Power Link Service“, UAB and GET Baltic, UAB.
EPSO-G, in accordance with the goals laid down in the National Energy Independence strategy and in other legal acts, implements strategic tasks of developing the country’s gas and electricity infrastructure, integrates into EU energy markets, and seeks to implement the goals of the Energy Union.
Litgrid, the electricity transmission system operator which is part of EPSO-G group, ensures a reliable transmission of electricity and electricity balance, manages and operates a high-voltage electricity transmission grid as well as DC connections “LitPol” and “NordBalt”. The company takes care of the development of the transmission grid and electricity market, coordinates electricity flows and maintains a stable functioning of the country's power grid.
Litgrid implements strategic energy projects - synchronous interconnection with Continental Europe grids and prepares for asynchronous operation with a single integrated electricity synchronous area IPS / UPS (Interconnected Power System / Unified Power System), i.e. an area where the Lithuanian power grid currently operates.
The mission of the company: a reliable transmission of high quality electricity in the European market creating a value for the society.
In Lithuania Litgrid is in charge for the maintenance of 7 029 kilometers of high voltage (330 kV and 110 kV grids) lines and of 236 transformer substations and switchgears.
AMBER GRID AB
Amber Grid, the natural gas transmission system operator which is part of EPSO-G group, is responsible for the natural gas transmission and operation of trunk gas pipelines, secure and reliable operation and development of gas transmission system.
The mission of the company: to ensure the strategic interests of the country, to develop efficiently the transmission system, to execute the gas transmission in a reliable manner, to contribute actively to the development of an integrated European gas transmission system and to enable a competitive gas market.
The transmission system managed by “Amber Grid” consists of trunk gas pipelines, gas compressor stations, gas distribution stations, gas accounting stations, anti-corrosion equipment for gas pipelines, data transmission and communication systems and other asset attributed to the transmission system.
The company operates 65 (in 2016 – 67) gas distribution stations (GDS) and 2 gas compressor stations (GCS). The length of the pipelines operated is 2 115 km (in 2016 – 2 115 km).
Amber Grid provides services to major (electricity, district heating production, industry) and medium Lithuanian business enterprises as well as to natural gas supply companies, to which the company provides natural gas transmission services. The company implements the project of the gas interconnection between Poland and Lithuania (GIPL) and actively participates in the creation of the single gas market in the Baltic region. Amber Grid holds 66 per cent of shares of the Lithuanian natural gas exchange operator UAB GET Baltic. The long-term goal of UAB “GET Baltic” is to become a natural gas exchange that operates in the Baltic states and creates value for the economy of the entire region.
Baltpool, the operator of the Exchange for the energy resources and trading wood, organises trade, i.e. creates a level playing field for all market players to acquire biofuel and wood under competitive conditions and thus ensure the maximum benefit to the consumers and return to the state.
The company is the administrator of the funds of the services of public interest (hereinafter referred to as SPI) performing the functions of collecting, pay-out and administration of SPI funds (appointed to act as the administrator of SPI funds by the Resolution No 1338 of the Government of 7 November 2012).
By the Resolution No 1092 of the Government of the Republic of Lithuania of 20 December 2017 “Baltpool” UAB was appointed to perform from 1 January 2018 the functions of the administrator of the electronic wood sale system (hereinafter referred to as the operator of wood auctions).