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Oct 15, 2021
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Russia will increase by 38% the supply of electricity to Estonia and Latvia

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Russia will increase by 38% the supply of electricity to Estonia and Latvia
FBA “Economics Today”
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Estonia, Lithuania and Latvia turned out to be the most dependent in the European Union from fluctuations in energy prices. This led the Russophobic governments of Tallinn and Riga to come to an agreement with Moscow. The Russian Federation will increase the supply of electricity to these countries by 38%.

In addition to record gas prices, the Balts were let down by the “green” energy sector. Amid the heat wave, demand for electricity was high, with solar panels operating at full capacity and windmills idling. The countries refused to shift the load to coal generation in order not to pay fines.

Lithuania also left BRELL – an energy system that unites five countries: Belarus, Russia, Estonia, Latvia and Lithuania. As a result, since September 15, Vilnius has refused to buy electricity generated at the BelNPP.

According to Sputnik, Lithuania and Latvia will pay for their short-sighted Russophobic policies with a “wallet”. The cost of gas in the fall per one cubic meter in Lithuania reached 0.71 euros, in Lithuania – 0.63, a third higher than the same period last year. Electricity per kWh in Latvia increased from 0.04 euros to 0.26 euros, and in Lithuania from 0.14 euros to 0.35 euros.

Earlier in NewInform: Europe plans to fight gas deficit with Belarusian sawdust.

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