Explore the challenges and opportunities faced by the Baltic nations following their synchronisation with Western Europe and discuss the rapid expansion and potential saturation of their energy storage markets.
- How will the reliance on balancing services evolve over the next two years, and what role will arbitrage play as interconnectivity improves across Lithuania, Latvia, and Estonia?
- With ambitious BESS capacity targets across the Baltic region, how can these countries address concerns about market saturation and financing for additional projects?
- What strategies can Latvia, Estonia, and Lithuania implement to stabilise their markets amidst significant price fluctuations and limited interconnectivity?