The Kruonis Pumped Storage Plant, with a power capacity of 900 MW, was originally established to provide back-up for the Ignalina nuclear power plant. In recent years, wind power capacity has been growing steadily and total capacity amounted to 509 MW by the end of 2016. In 2015, electricity prices were significantly higherinthe Baltic countries compared tothe Nordic countries: +20 EUR/MWh in Latvia and Lithuania.