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lvlvlv
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1 year ago
BRELL ring is a tool to manipulate the baltics energy system and pressure them politically. Namely, it is used as a “last resort” balancing system where fast response river Volga cascades are able to eat the surplus (stop producing) or provide enough in case of shortages. Balancing energy is the most expensive and there is really no good way to bound/hedge the costs. Hence a tool to manipulate the baltics. In addition to that, this will allow the baltic countries to finally move onto more liquid and cheaper 15min day-ahead, intraday markets.
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