Events, data and analysis from the Baltic economies
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Estonia will carry out a national-security assessment of the six candidate sites being considered for a planned nuclear power plant in Viru-Nigula and Lüganuse municipalities. The Ministry of Defence, Defence Forces and Centre for Defence Investments will assess…
Solar power plants generated 221 GWh of electricity in Latvia in August, more than twice the level recorded a year earlier, according to transmission system operator Augstsprieguma tīkls. Solar accounted for almost 60% of all electricity generated and…
Baltic prices fell sharply from June as wind generation strengthened across Northern Europe and the region. They still remained above July 2025 levels in all three Baltic states.
PhotoThe Estonia–Latvia monthly price gap widened from less than €2/MWh to almost €30/MWh in one year, while Latvia and Lithuania moved as a tight price pair. A material price divergence inside the Baltic electricity market became visible from…
PhotoThe Baltic market is moving from a simple generation story to a flexibility market: grid capacity, balancing reserves, hydro dispatch, battery storage and the ability to shift electricity between cheap and expensive hours are becoming central to price…
PhotoGAZ-SYSTEM has reported another milestone in Poland’s FSRU programme. In May 2026, the vessel for the future terminal in the Gulf of Gdańsk was launched at HD Hyundai Heavy Industries in South Korea.
PhotoIn April 2026, electricity prices continued to fall across the Baltic region. The average price in the Baltic bidding areas declined to 56.77 EUR/MWh, down 22.02% from March and 25.16% lower than in April 2025,
PhotoEstonia’s state-owned transmission system operator Elering has presented a plan for a network of gas-fired power plants with a total capacity of up to around 900 MW. The plants are intended to strengthen Estonia’s electricity-system restart capability, replace…
PhotoEstonia’s Ministry of Climate has published a modelling study outlining how the electricity system in Estonia, the Baltic states and Finland could develop through 2050. The document is not a forecast, but a structured set of scenarios testing…
PhotoBaltic electricity market in March 2026 Seasonally lower demand together with higher renewable generation drove electricity prices down across the Baltic states in March. According to AST, the average Baltic power price fell by 53.09% month on month…
PhotoThe primary reason was higher utilisation of the Elektrėnai reserve complex, operating on fossil fuel, to ensure system security — particularly around the final synchronisation of the Baltic grid with Continental Europe in February 2025.