Cheaper Electricity Exchange Price Decreases Estonian Electricity Production in September

In September, electricity consumption in Estonia increased by three per cent year-on-year. However, production decreased by nine per cent. The reason for this fall was the lower electricity exchange price in comparison with last year.

In Estonia, electricity consumption reached a total of 622 gigawatt-hours, with production totalling 796 gigawatt-hours in September. The monthly electricity balance therefore saw a surplus despite the decrease in production. Transit flows that passed through Estonia increased by 44 per cent year-on-year, reaching 364 gigawatt-hours.

Renewable energy production decreased by five per cent compared to September last year, reaching 97 gigawatt-hours and totalling 14 per cent of last month’s consumption.

In the Baltic States as a whole, electricity consumption increased by one per cent, with production also falling by one per cent. In total, 2049 gigawatt-hours of electricity was consumed and 1433 gigawatt-hours of electricity was produced in the Baltics in September. The deficit of 616 gigawatt-hours equated to 30 per cent of electricity consumption.

In Latvia, the amount of electricity consumed remained approximately the same as at the same time last year, totalling 552 gigawatt-hours. Production volumes increased by 45 per cent, reaching 339 gigawatt-hours. The largest increase in production was in thermal power stations, but the volumes produced from hydro power plants decreased significantly due to the lower water inflow from the Daugava River.

Similarly to Latvia, there were no great changes in electricity consumption in Lithuania. There was a fall of one per cent, with consumption totalling 874 gigawatt-hours. Production decreased by 12 per cent year-on-year, totalling 298 gigawatt-hours.

In the Nordic countries, the electricity balance maintained a surplus of 1.1 terawatt-hours in September. Consumption increased by one per cent year-on-year, reaching 27.5 terawatt-hours and production by five per cent, reaching 28.6 terawatt-hours. In Denmark, production decreased by 22 per cent due to unfavourable wind conditions.

A full overview of the electricity system for last month is available here.