Due to historical and geographical reasons, the Baltic States are strongly connected to the power (electricity) transmission grids of Russia and Belarus. Current energy security and energy independence targets in the EU trigger seeking for alternative power sources for the Baltic. Knowing that, a power system model of the Baltic States has been developed and validated with the purpose of providing comparative options for a reliable and secure development of the Baltic electricity system. The analysis of horizon 2020 and 2030 showed that the dependency of Baltic States on the outside resources is fairly low, provided that the expansion of the electricity system goes as planned.