---
title: VERT Imposes Fine on Litgrid for Wholesale Electricity Market Violation
description: The Lithuanian national energy regulator VERT recently announced a REMIT enforcement action against the Lithuanian transmission system operator Litgrid. This action once again shows that regulators in smaller jurisdictions maintain the same, an often greater, oversight standards as those in larger European power markets
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# VERT Imposes Fine on Litgrid for Wholesale Electricity Market Violation

 RegTrail  |  03 April, 2026

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The Lithuanian national energy regulator VERT recently [announced](https://www.vert.lt/en/Pages/2026-04-02/NERC-Imposes-%e2%82%ac21%2c500-Fine-on-Litgrid-for-Violation-in-the-Wholesale-Electricity-Market.aspx) a REMIT enforcement action against the Lithuanian transmission system operator Litgrid. This action once again shows that regulators in smaller jurisdictions maintain the same, and often greater, oversight standards as those in larger European power markets.

The breach occurred in September 2022 when Litgrid submitted an erroneous intraday sell order for 410MWh on the Nord Pool exchange. VERT detected that the volume of electricity traded differed significantly from the transmission system operator’s usual hourly amounts.

This erroneous transaction caused an immediate electricity shortage in the Lithuanian power system and disrupted the wider Baltic balancing market. The resulting activation of balancing energy increased market imbalance prices and sent misleading signals regarding supply and demand to the market. VERT concluded these actions created an artificial price level and had violated Article 5 of REMIT.

#### **Mitigation and Remediation**

Litgrid avoided a higher penalty by promptly notifying the market of the error via an Urgent Market Message (UMM). The regulator noted the violation was brief and that the transmission system operator cooperated fully throughout the investigation.

VERT also acknowledged that Litgrid had implemented specific remediation measures to prevent a recurrence of erroneous activity. The firm paid a €21,500 fine to resolve the matter and close the enforcement case.

#### RegTrail Observations

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