The Baltic states connected to electricity supplied via Finland, Sweden and Poland after disconnecting from Russia, which had supplied them electricity for decades.
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00:00Following the weekend's cut from the Russian power grid, electricity prices in the Baltic
00:07region have started to rise rapidly. This is due to low wind, no sun and the increase
00:13in gas prices.
00:17Over the weekend, Estonia switched off from the Russian grid and hooked up to the European
00:22system. Since then, the price of electricity in Estonia has started to climb.
00:31Experts say the price hike is mainly due to less wind, higher electricity consumption
00:36due to colder weather and a slight increase in gas price. However, there are also fewer
00:43connections than usual in the Baltic region.
00:47An underwater cable between Lithuania and Sweden was damaged by an anchor and put out
00:52of service. If it were operational, prices would be significantly cheaper.