As of Sunday, 22 May, the import of electricity from Russia to the Baltic states and Finland has been halted. Trading has ceased at the Russian-Latvian, Kaliningrad-Lithuanian and Russian-Finnish borders, through which commercial imports of Russian electricity previously took place.

"This means that Russian electricity is no longer reaching not only the Baltic states but the entire integrated European electricity market. The interruption of Russian electricity imports has not affected the parallel synchronous operation of the Baltic power systems with the Russian power system – the Baltic power systems remain technically connected to the Russian power system," explains Gatis Junghāns, member of the Management Board of AS "Augstsprieguma tīkls" (AST).

The Latvian subsidiary of the Russian energy company Inter RAO has informed AST that it is ceasing electricity supplies from Russia due to the fact that the Nord Pool power exchange has suspended trading by Inter RAO group companies due to settlement risks. (...)