PARTICIPATING COUNTRIES

• Estonia
• Latvia
• Lithuania

The Baltic electricity REM is led by the Lativian Energy Regulator (PUC) and aims to integrate Estonia, Latvia and Lithuania into a single regional electricity  market. 

The Baltic region represents 21,215 GWh of final electricity consumption, 0,71% of the EU 25 final electricity consumption.

The Baltic electricity REM has the potential to function as the link between the Central-East and the Northern European regional markets. Co-operation between network operators, grid access, balancing rules and transparency are the four key priorities of the Baltic electricity REM. 

Interconnections

Cooperation between network operators, particularly in relation to  cross-border issues and availability of transmission capacity

Transparency

Availability and control of information

Balancing

Improvement of balancing mechanisms in the Baltic countries,
facilitating market integration

Regulation

Access to the grids;
balancing rules in national regulation

Congestion Management

no action needed - no congestion in the Baltics

Region specific

Market developments and compatibility with national legislation