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Analysis

September 2026 confirms two distinct electricity price clusters in the Baltics

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…

Analysis · Energy

Estonia’s Skeleton becomes a $1 billion unicorn as Siemens backs US expansion

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…

Analysis · Energy

Baltic power is getting greener. Why that does not mean prices simply fall

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…

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Editorial Energy Estonia

Northern Anchor: Estonia’s post-oil-shale energy choice will shape the region too

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…

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Editorial Energy Baltic

Baltic energy to 2050: Estonia between wind, solar and nuclear

Estonia’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…

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Editorial Energy Baltic

BESS as a New Revenue Layer

The 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.

Editorial Energy Baltic