Lithuania’s battery boom is becoming a market for grid flexibility
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…
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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…
Estonian industrial group Viru Keemia Grupp has opened its new €75 million Uus-Kiviõli oil shale mine, securing a new raw-material base for its shale oil production.VKG expects the mine to…
Estonian state-owned energy group Eesti Energia has expanded its generation footprint in Lithuania with the official opening of the Kelmė I and Kelmė II wind farms. The two projects have…
Lithuania and the European Commission have formally signed the country’s €884.2 million Social Climate Plan, moving the programme towards implementation. The plan combines €662.9 million from the EU Social Climate…
Estonian renewable-energy developer Sunly has opened a 54 MW solar park near Matīši in northern Latvia, the first operating part of a larger hybrid energy project combining solar, wind generation…
Wholesale electricity prices fell sharply across the Baltic region in the second half of last week as wind generation recovered. Between 14 and 20 September, Lithuania’s average Nord Pool price…
Estonian transmission system operator Elering is preparing the electricity grid to connect around 1,500 MW of new generation capacity, while reinforcing connections around the country’s largest centres of electricity demand.…
Heating and hot water accounted for 83.9% of all energy consumed by Latvian households in 2025, underlining how strongly household energy costs still depend on the efficiency of buildings and…
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…
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…
ORLEN Lietuva has secured enough crude to maintain most of its maximum refinery production despite disruptions to Saudi Arabian supplies, according to Lithuanian Energy Agency head Agnė Bagočiutė. Three September…
Estonia’s Enefit Power is seeking permission to use locally produced shale oil as a temporary backup fuel for district heating in Narva during the 2026/27 winter. The company has fixed…
Lithuania has completed a major electricity connection for the €3.5 billion Teltonika High-Tech Hill project in Vilnius almost a year ahead of the original deadline. The new Kuprioniškės transformer substation…
Latvia / Baltics · Energy / M&A · 11 September 2026 Latvenergo has opened a public selection process for wind or hybrid power projects with a combined capacity of up…
Latvia · Energy · 9 September 2026 Renewable-energy developer Sunly has qualified up to 100 MW of capacity to participate in Latvia’s electricity balancing market. Latvia’s transmission system operator AST…

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.
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