Electricity prices rise in Estonia after cut from Russian power grid

The Baltic states connected to electricity supplied via Finland, Sweden and Poland after disconnecting from Russia, which had supplied them electricity for decades.

Following the weekend's cut from the Russian power grid, electricity prices in the Baltic region have started to rise rapidly. This is due to low wind, no sun, the increase in gas prices and recently damaged infrastructure.

Over the weekend, Estonia switched off from the Russian grid and hooked up to the European system. Since then, the price of electricity in Estonia has started to climb.

From €126 per MWh last week, the new average electricity price will be €191 per MWh, a high for 2025 so far.