The principal role of Energy Cells, the operator of the electricity storage facilities, is to ensure the provision of the isolated standby power system operation service to Litgrid, the transmission system operator, which creates the conditions for reliable, stable and user-friendly operation of the Lithuanian power system until the completion of the CEN synchronisation project. Energy Cells provides this service at a full planned capacity of 200 MW from October 2023.
The system of electricity storage facilities managed by the company consists of four battery farms with an equal
capacity of 50 MW and power of 50 MWh each in Vilnius, Šiauliai, Alytus and Utena districts. The operation of the
system consisting of four battery parks is monitored without interruption (24/7) from a control centre in Vilnius. In the event of disruptions in the transmission system network, the energy storage system can automatically, within 1 second, respond to the transmission system operator Litgrid’s need to ensure the security and stability of the electricity system by injecting or withdrawing power into or out of the network, thereby helping to regulate the frequency of the transmission system’s network. Once activated, the instant energy reserve service would continue to be available until the start-up of power generation sources of the other market participants.
UAB Energy Cells, a 100% subsidiary of the EPSO-G Group, was established in January 2021.
Rimvydas Štilinis has been the CEO of Energy cells since January of 2021.
Other duties
No other duties.
Education
Kaunas University of Technology, Master’s Degree in Electronics and Electrical Engineering.
Rimvydas Štilinis
CEO
Rimvydas Štilinis has been the CEO of Energy Cells since January of 2021.
Other duties
No other duties.
Education
Kaunas University of Technology, Master’s Degree in Electronics and Electrical Engineering.
Start date of tenure as a Chairman of the Board is May 11th, 2023
Other duties
Head of Group Development and Innovation of EPSO-G UAB since February 2023.
Member of the Board of AB Amber Grid since April 2023.
Education
Vilnius Gediminas Technical University, PhD, Electrical and Electronics Engineering
P. Butkus does not own any shares in Energy cells.
Start date of tenure as a Chairman of the Board is May 11th, 2023
Other duties
Head of Group Development and Innovation of EPSO-G UAB since February 2023.
Member of the Board of AB Amber Grid since April 2023.
Education
Vilnius Gediminas Technical University, PhD, Electrical and Electronics Engineering
P. Butkus does not own any shares in Energy Cells.
Start date of tenure as a Member of the Board is April 13th, 2022
Other duties
Ministry of Energy of the Republic of Lithuania, Senior Adviser of the Strategic Transitions Management Group since May 2019.
Education
Vilnius University, Master of Laws.
D. Kapačinskaitė does not own any shares in Energy cells.
Start date of tenure as a Member of the Board is April 13th, 2022
Other duties
Ministry of Energy of the Republic of Lithuania, Senior Adviser of the Strategic Transitions Management Group since May 2019.
Education
Vilnius University, Master of Laws.
D. Kapačinskaitė does not own any shares in Energy Cells.
Start date of tenure as a Independent Board Member is April 13th, 2022
Other duties
Consulting company Talisman, independent consultant since 2020.
Member of the Association of Financial Analysts (FAA) in Lithuania.
Education
Vilnius University, Master of Economic Analysis and Planning (Faculty of Economics) and Minor of Mathematical Economics (EuroFaculty).
D. Klimašauskas does not own any shares in Energy cells.
Start date of tenure as a Independent Board Member is April 13th, 2022
Other duties
Consulting company Talisman, independent consultant since 2020.
Member of the Association of Financial Analysts (FAA) in Lithuania.
Education
Vilnius University, Master of Economic Analysis and Planning (Faculty of Economics) and Minor of Mathematical Economics (EuroFaculty).
D. Klimašauskas does not own any shares in Energy Cells.
We invite you to familiarise with the articles of association of Energy Cells.
Authorised capital
Shareholder of the company
Number of shares
Nominal share value, EUR
Share capital, EUR
Managed share capital, %
UAB „EPSO-G“
126 000
1.00
126 000
100
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