The interconnection between electricity markets in Finland and Estonia, and thus between the Nordic and Baltic markets, has been enhanced with the commissioning of the EstLink2 submarine cable, officially inaugurated on 6 March on opposite shores of the Gulf of Finland. The 170-kilometre cable had been in an operational test phase since early last December, when it was made available to markets.
"Since December, prices have been the same in Finland and Estonia 85% of the time"
EstLink2 is part…