Finnish power grid operator Fingrid recently warned that there might be outages due to production shortages this winter. While Estonia's Minister of Economic Affairs Riina Sikkut (SDE) does not hold this likely in Estonia because Baltic production capacity can cover peak demand, risks have nevertheless grown.
The price of electricity was on everyone's mind this Wednesday. Everyone was proposing all manner of solutions, looking for culprits at worst and curbing their consumption in the evening at best. But it was just a warmup session for what is to come this winter.
The electricity exchange has lost its meaning in a situation where production cannot cover demand, and Estonia should pull out of the Nord Pool system, invest in managed capacity and the distribution grid," Alar Konist, professor of energy technologies at TalTech, said on the Vikerhommik radio show.