Power outages in the Baltic countries. Summer 2026
Forecast: Live broadcast of Svetlana Dragan on February 22, 2026, link.
S. Dragan:
"I see a very powerful crisis in the Baltic republics... There are some technical glitches that will also worsen the situation. All of this starts on June 1st..."
Forecast: "Iran - interference of events and a forecast of a broader spectrum for the near future" (published on March 6, 2026, link).
S. Dragan: A powerful crisis in Lithuania is visible. It's already starting... As of June 3, 2026, events begin to look like electricity outages (in the Baltic countries)...
Media Confirmations
At the beginning of June - "On June 3, 2026, events (in the Baltic republics) started to look like electricity outages...".
Wind power generation in the Baltic countries dropped sharply in June.
According to state-owned company Eesti Energia, the volume of wind energy generation in the Baltic countries in June 2026 was 320 GWh - 42% less than in May.
Outages in wind and solar power generation occurred due to abnormally hot weather. High temperatures are accompanied by a lack of wind, which negatively affects wind turbines. Also, during high temperatures, the performance of solar energy equipment decreased.
The volume of wind energy generation in June 2026 was only 320 GWh - 42% less than in May, according to ERR citing data from the state-owned company Eesti Energia.
In June of last year, the volume of wind energy generation in Estonia, Latvia, and Lithuania was 505 GWh, approximately 40% higher.
The shortage of cheap wind energy negatively affected spot electricity prices, including a rise in electricity prices in Estonia.
In the Estonian price zone on the Nord Pool exchange, the average electricity price in June was 6.42 cents per 1 kWh, 6.6% higher than in May (6.07 cents per 1 kWh) and 56% higher than a year ago: in June 2025, the price was 4.13 cents per 1 kWh.
A second factor influencing Estonia's price levels was the decrease in production from Latvian hydroelectric power plants due to shallow waters. Last June, they helped keep prices low even in the evening hours.
This year, Estonians had to start up more expensive power units using shale fossil fuel to meet market demand.
Estonian Eesti Energia had to leave the Finnish market, failing to recoup investments in the Tolpanvaara wind farm.
Previously, it was announced that a sea wind farm in the Riga Bay would not be built in Estonia: the Japanese Sumitomo Corporation withdrew from the project, citing poor prospects for marine wind energy development in Estonia.
Estonian Energy notes that regional prices have also risen significantly in Latvia and Lithuania, which are again facing a situation reminiscent of the summer of 2024 when the EstLink 2 cable failed, due to restrictions in cross-border transmission lines.
According to Litgrid data, wholesale electricity prices in Lithuania increased by 14% in June compared to May, reaching 94 euros per megawatt-hour.
Due to persistent hot weather, wind energy production in Lithuania decreased at the end of June, dropping almost in half compared to May and reaching its lowest level since August 2025.
Local electricity generation in Lithuania covered around 87% of the country's electricity needs.
According to Litgrid's Market Development Department head, Davydas Šikšnis, wholesale electricity prices in Lithuania have been most affected by the heatwave in Europe, increased solar energy production, and decreased wind energy production.
Additionally, power generation issues in the Baltic states are further impacted by restrictions on cross-border electricity transmission lines in Latvia and Lithuania.
Moreover, some wind energy development projects have been halted due to protests from local residents or demands from the Ministry of Defense. For instance, the military ministry has created a map that rules out the possibility of wind energy development in many border regions until 2027 due to the need to station military facilities.
On July 12, 2026, there were 80 power network damages in Latvia due to hurricane-force winds. The problems arose from the falling of numerous trees, which damaged power lines, poles, and other network components. As of the morning of July 13, 2026, around 480 customers were without electricity.
“A major crisis in Lithuania… it’s already beginning…” Prices in Lithuania are rising faster than in other European countries, acknowledged Artea Bank’s chief economist Indrija Genite-Picchene on August 5, 2026.
She noted that the Baltic republic recorded the highest annual inflation among eurozone countries last month. Malta had the lowest annual rate in June at 1.9 percent, while Lithuania had the highest at 5.5 percent.
More on the topic to follow.