On February 8, 2025, the E.U.
states of Estonia, Latvia, and Lithuania turned off all electricity-grid
connections to Russian and Belarussian supplies of electricity, thus reducing
revenues for the belligerent country and its ally. Electricity would thenceforth
merge with the Continental European and Nordic grids through links with the
E.U. states of Finland, Sweden, and Poland. Europe was taking care of its own,
for a price of course, while Russia was increasing trade with China and other
countries to make up the difference from decreasing trade with Europe. In
short, it can be concluded that unilaterally invading a country has economic
consequences that diminish and reconfigure international business.
The full essay is at "Russian Electricity Hits a Financial Curtain."
