Litgrid, the Lithuanian electricity transmission system operator, and the European Union Innovation and Networks Executive Agency (INEA) have signed an agreement on partial LitPol Link project funding.
LitPol Link
© DELFI / Valdas Kopūstas

Financial support of EUR 27 million from Connecting Europe Facility (CEF) were approved for the project in July, Ligrid reports.

The CEF framework provides funding to energy, transport and telecommunication projects listed under the EU Projects of Common Interest.

LitPol Link is part of the Baltic Energy Market Interconnection Plan (BEMIP) aimed at fully integrating the energy systems of the Baltic Sea region countries and eliminating energy islands in the European Union. Further steps of BEMIP involve integration of system operations of Baltic countries with the continental Europe.

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