Today, on February 14, at the meeting of the Cabinet of Ministers it was decided to designate the Ministry of Climate and Energy as the holder of capital shares of JSC "Augstsprieguma tīkls". Thus, the participation of the Ministry of Climate and Energy - the makers of Energy policy - in the development of the transmission system operator JSC "Augstsprieguma tīkls" and JSC "Conexus Baltic Grid" is promoted. This involvement is an esential prerequisite for energy security.

Until now, the holder of capital shares of JSC "Augstsprieguma tīkls" was the Ministry of Finance.

It has already been reported that the Ministry of Climate and Energy, which was created by reorganizing the Ministry of Economy and the Ministry of Environmental Protection and Regional Development, has started its work on January 1, 2023. Functions related to the field of energy policy and the field of climate policy are performed by the Ministry of Climate and Energy.

Augstsprieguma tīkls AS (AST) is an independent transmission system operator, which operates the electric power transmission network ensuring continuous, safe and sustainably efficient electric power supply in Latvia. AST’s vision is to become the region’s leading transmission system operator through driving development and innovation oriented changes. AST holds 68.46% of the shares of the natural gas transmission and storage system operator JSC Conexus Baltic Grid.

Additional information:

Elīna Grīvāne

Communication department

T+371 27060306

E-mail: elina.grivane@ast.lv