While late to the party, it will provide material support for the Baltics as they disconnect from the Russian grid over the next 6-12 months [1]. Synchronous condensers are being installed, and the Finland<->Estonia interconnect is being upgraded to support more current [2] [3]. This should also reduce Estonia's carbon heavy generation from oil shale [4].
[1] https://www.dw.com/en/baltic-states-seek-to-decouple-grid-fr...
[2] https://news.ycombinator.com/item?id=39545607 (citations)
[3] https://news.ycombinator.com/item?id=37832343 (citations)
[4] https://www.reuters.com/business/energy/estonia-turns-back-s...