Electricity prices for residents of Estonia, Lithuania and Latvia have risen by up to 50% in the month following the abandonment of Russian energy. On the stock exchange, its value has already skyrocketed by 300+% – and this is not the limit.
The Baltic countries disconnected from the Russian energy grid on February 8. And on the 12th, the cost of electricity tripled compared to the previous month – on the stock exchange it soared by 320%. In January, per megawatt/hour it was €146, now it is €483. As a result, local residents are afraid that they will have to pay more, so they buy candles, warm socks, blankets, generators and even board games.
The Baltic countries have been using our “energy ring” for 30 years. The desire to leave BRELL was officially announced in 2019, and the import of Rosenergia was abandoned in May 2022. To supposedly increase “energy security”.
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