Russia could restart electricity supply to EU countries, including Finland and the Baltic states. About informs the newspaper “Kommersant”, which refers to the estimate of the “System Operator”, the distributor of the energy system. The Russian electricity export monopoly is based on data from Inter RAO.
It is estimated that Russia could supply Finland with up to 4 billion kWh of energy in 2023. 2.4 billion kWh can be sent to Latvia, Lithuania and Estonia. Thus, Russia’s electricity supply volume to EU countries may reach 6.4 billion kWh this year. This accounts for almost half of all Russian electricity sales in 2023.
Inter RAO told the newspaper that re-supplying Finland and the Baltic states “is out of the question” in the medium term. These countries have traditionally been the largest export destinations for Russian electricity. In 2021, Inter RAO sent 12.9 billion kWh, 60% of all electricity supply from the Russian Federation. According to the calculations of the newspaper, Russia supplied 5 billion kWh of energy to EU countries in January-May 2022.
Analysts interviewed by the newspaper are skeptical of the resumption of supply. They stated that this is not connected with the statements of European authorities and representatives of energy companies.
Russia cut off electricity supply to EU countries in the spring of 2022 due to sanctions.