IGN AB Ignitis Grupe GDR

On the ancillary services for ensuring isolated regime of the electricity system in 2023

On the ancillary services for ensuring isolated regime of the electricity system in 2023

AB “Ignitis grupė” (hereinafter – the Group) informs that on 30 December 2022 its subsidiary AB “Ignitis gamyba” (hereinafter – the Company) concluded contract with a Lithuanian electricity transmission system operator LITGRID AB regarding electricity generation facilities’ availability services (hereinafter – Facility Availability Service) in 2023. The purpose of the services is to ensure the availability of electricity generation equipment and stable operation of Lithuanian electricity system during isolated regime of the electricity system, and to avoid consumer load shedding in case of emergency situations in other Lithuanian electricity systems.

According to the final results of the Facility Availability Service auction published by LITGRID AB on 30 November 2022, the Company will provide the Facility Availability Service in 2023 in the following capacity: 260 MW – Unit 7 of Elektrėnai Complex (hereinafter – EC) (0 MW in 2022), 260 MW – Unit 8 of EC (1 MW in 2022) and 371 MW – Combined Cycle Gas Turbine (hereinafter – CCGT) (371 MW in 2022). It must be noted that in 2022, Unit 7 of EC and Unit 8 of EC have been providing a tertiary active power reserve service to LITGRID AB at the capacity of 260 MW/h and 259 MW/h respectively. Starting from 2023 the service is being abandoned.

Preliminary value of the contract for the Equipment Availability Service to be provided by EC in 2023 amounts to about EUR 84 million.

Further information about the results of the electricity generation facilities’ availability service auction is published on

According to this contract, the Company in 2023 shall also undertake to prepare for uninterrupted electricity generation using the CCGT located at EC in accordance with the electricity generation schedule provided by LITGRID AB. According to the agreement, the amount that LITGRID AB can order to generate is about 0.5 TWh, for which a little more than 1 TWh of natural gas reserves have been formed.

The total operational electricity generation facilities’ capacity of the Company is 2,055.8 MW, out of which: 1,055 MW – Elektrėnai Complex, 900 MW – Kruonis Pumped Storage Hydroelectric Power Plant, 100.8 MW – Kaunas Hydroelectric Power Plant.

For more information please contact:

Domas Jurevičius

Public Relations Manager at Ignitis Group



+370 610 33297



EN
30/12/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on AB Ignitis Grupe GDR

 PRESS RELEASE

Notice of convening the General Meeting of Shareholders of AB “Ignitis...

Notice of convening the General Meeting of Shareholders of AB “Ignitis grupė” On 13 August 2025, the Management Board of AB “Ignitis grupė” (hereinafter – the Group or AB “Ignitis grupė”), legal entity code: 301844044, registered office address: Laisvės Ave. 10, Vilnius, decided to convene the General Meeting of Shareholders (hereinafter – GM) of the Group. The GM will be held on 10 September 2025, at 16:00 (Vilnius time) at Business Garden Vilnius verslo centras, Laisvės Ave. 10, Vilnius, LT-04215. Registration starts at 15:00 and closes at 15:45 (Vilnius time). The agenda for the GM, wh...

 PRESS RELEASE

Notice of convening the General Meeting of Shareholders of AB “Ignitis...

Notice of convening the General Meeting of Shareholders of AB “Ignitis grupė” On 13 August 2025, the Management Board of AB “Ignitis grupė” (hereinafter – the Group or AB “Ignitis grupė”), legal entity code: 301844044, registered office address: Laisvės Ave. 10, Vilnius, decided to convene the General Meeting of Shareholders (hereinafter – GM) of the Group. The GM will be held on 10 September 2025, at 16:00 (Vilnius time) at Business Garden Vilnius verslo centras, Laisvės Ave. 10, Vilnius, LT-04215. Registration starts at 15:00 and closes at 15:45 (Vilnius time). The agenda for the GM, wh...

 PRESS RELEASE

Pranešimas apie šaukiamą AB „Ignitis grupė“ visuotinį akcininkų susiri...

Pranešimas apie šaukiamą AB „Ignitis grupė“ visuotinį akcininkų susirinkimą 2025 m. rugpjūčio 13 d. AB „Ignitis grupė“ (toliau – Grupė arba AB „Ignitis grupė“), juridinio asmens kodas: 301844044, registruotos buveinės adresas: Laisvės pr. 10, Vilnius, valdyba, priėmė sprendimą sušaukti Grupės visuotinį akcininkų susirinkimą (toliau –VAS). VAS įvyks 2025 m. rugsėjo 10 d. 16:00 val. (Vilniaus laiku), Business Garden Vilnius verslo centre, Laisvės pr. 10, Vilnius, LT-04215. Akcininkų registracijos pradžia – 15:00 val. (Vilniaus laiku), akcininkų registracijos pabaiga – 15:45 val. (Vilniaus la...

 PRESS RELEASE

First six months 2025: solid results and continued strategy delivery, ...

First six months 2025: solid results and continued strategy delivery, highlighted by the launch of 313.7 MW Kelmė wind farm, the largest in the Baltics. Full-year 2025 Adjusted EBITDA and Investments guidance reiterated AB “Ignitis grupė” publishes its First six months 2025 interim report, which is attached to this notice. Financial performance Our Adjusted EBITDA for the first six months of 2025 amounted to EUR 300.8 million (+3.8% YoY). The growth was driven by the stronger performance of our two largest segments: Green Capacities and Networks. The Green Capacities segment remained the ...

 PRESS RELEASE

First six months 2025: solid results and continued strategy delivery, ...

First six months 2025: solid results and continued strategy delivery, highlighted by the launch of 313.7 MW Kelmė wind farm, the largest in the Baltics. Full-year 2025 Adjusted EBITDA and Investments guidance reiterated AB “Ignitis grupė” publishes its First six months 2025 interim report, which is attached to this notice. Financial performance Our Adjusted EBITDA for the first six months of 2025 amounted to EUR 300.8 million (+3.8% YoY). The growth was driven by the stronger performance of our two largest segments: Green Capacities and Networks. The Green Capacities segment remained the ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch