Baltic states switch to European power grid, ending Russia ties

https://www.reuters.com/business/energy/baltic-states-switch-european-power-grid-ending-russia-ties-2025-02-09/

Posted by cos

1 comment
  1. In other news, Baltic states are poised to pay up to 8 times their previous electrical grid balancing costs for energy, while staying just as energy dependent on someone else as they have been before. 146 euro per megawatt-hour for tomorrow, or 14.6 euro cents for kWh [according to the NordPool energy market](https://www.nordpoolgroup.com/en/). A chart topper. For comparison, the average monthly price in Jan, before this move, was 9.2 euro cents per kWh, which itself was an increase of 9.5% compared to a month earlier. At the same time, for neighboring Finland it did not exceed 5.3 euro cents per kWh. And that’s just the raw price of energy, excluding delivery, distribution costs etc. – which can easily be up to 50% or more.

    But that’s okay.

    Poland or the “green energy” Germany can always demolish a few more villages to put mines in and provide fuel for a few extra coal power plants to make up for the shortages the Baltic States will now be requiring the European power grid to provide. France next door is also planning to build a few more nuclear power plants.

    I’m sure that whatever shreds of industry and economy remaining in the Baltic states will have no problems adapting to massively increased energy prices while staying competitive with their neighbors who are paying 3 times less for the same thing.

    The price of “true political freedom” is worth it.

Comments are closed.