Our analysis demonstrates that the unequal electricity trade among these nations has consequences for the energy security of the Baltic Sea Region (BSR). In fact, weaponization of the Russian electricity is a credible strategy, especially when there are constraints on imports from Nord Pool and the Baltic States are insufficient connections between the Baltic States and the wider European grid.
If the Nordics and BSR do not make significant investments in new energy generation technologies, Russian electricity could become an attractive substitute, even though it would reinforce Moscow's geopolitical leverage.
