Events, data and analysis from the Baltic economies
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Events, figures and analysis in one continuous view.
Lithuania’s state-owned Altra has begun dismantling control and protection system channels in the second reactor at the decommissioned Ignalina Nuclear Power Plant. More than 200 channels are scheduled for removal…
Lithuanian electricity distribution operator ESO expects to pay approximately €7 million in compensation following the severe storm that struck the country on 22 August. Around 70,000 households and businesses that…
Six Estonian energy companies have raised objections to changes in transmission grid tariffs scheduled to take effect on 1 January 2027, warning that higher capacity-based charges could discourage investment in…
Lithuania’s government has endorsed proposed changes to natural gas supply rules that would give additional protection to agricultural and food-processing businesses during an energy crisis. The proposal would expand the…
Source: Government of LithuaniaLatvia’s Inčukalns underground gas storage facility has entered the 2026/2027 winter withdrawal season with nearly 12 TWh of natural gas, according to transmission and storage operator Conexus Baltic Grid. The…
Source: Conexus Baltic GridLithuanian energy group Ignitis is exploring the construction of a gas-fired power plant with a capacity of up to 200 MW near Tartu, Estonia. Its subsidiary, Ignitis Renewables DevCo1 OÜ,…
Source: IgnitisLithuanian electricity transmission system operator Litgrid has launched a tender for territorial planning and environmental impact assessment services for the proposed Varduva–Brocēni power line, which would become the fifth electricity…
The Nordic Investment Bank has signed a 12-year financing agreement worth up to €10 million with Vilnius municipal energy group Gijos to support the modernisation of the Lithuanian capital’s street…
Ignitis ON has opened an expanded electric vehicle charging park at the Nordika shopping complex in Vilnius, with ten 200 kW charging stations capable of serving 20 vehicles simultaneously. The…
Retail wood pellet prices in Latvia have risen sharply, driven by supply constraints, production costs and demand from export markets, according to an assessment by the Competition Council. Between October…
A Lithuanian-owned wind park near Liepāja has been ordered to stop its turbines after 18 protected bats were found dead around the site within two weeks — twice the threshold…
Sun Investment Group and Eternia Solar have proposed extending their bond maturities by six months, citing delays in project implementation and expected cash inflows. Sun Investment Group proposes moving its…
Lithuanian transmission system operator Litgrid has signed an €8.97 million contract with TETAS to reconstruct the 110 kV switchyard at the Mažeikiai power plant substation. The substation is a key…
Latvia’s NorSAF and UK clean-technology company Nova Pangaea Technologies have signed a memorandum of understanding to develop an advanced ethanol production plant in Latvia. The planned plant would use locally…
Lithuania’s battery build-out has reached the point where the number of new projects is no longer the main story. A market for what those batteries can actually do for the…
In October 2024, wholesale electricity prices were almost identical across the three Baltic states. Two years later, Estonia is trading at a substantial discount to Latvia…
Estonian energy-storage company Skeleton Technologies has joined the ranks of Europe’s unicorns after a new investment led by German industrial group Siemens lifted its valuation above…
The 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…
Estonia’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…
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.
Ignitis: Peak Investment Year — or a Structural New Normal?
🇱🇻🇱🇹🇪🇪 Baltic Gas Stress Test 2026: Storage Volume vs Operational Reality
🇱🇹🇱🇻🇪🇪Baltics Face Winter Power Stress Test in January 2026
🇱🇻🇱🇹🇪🇪 The Baltic Energy Shield: What It Looks Like and How Much It Costs
🔥 And the rescuer arrived: how Klaipėda is keeping the Baltic gas system running this winter
⚡️ €50m battery project in Grobiņa: deal structure, owners and business model
🇱🇹KN Energies moves forward with Klaipėda CO₂ terminal planning
Nordic–Baltic Hydrogen Corridor (NBHC): market sounding, infrastructure design and risk parameters
PhotoLithuania Enters 2026 With a Storage-First Power Strategy
