Estonian Electricity Production Decreases by a Fifth in October

In comparison with October last year, Estonian electricity production decreased by 20 per cent to 782 gigawatt-hours due to a fall in exchange prices.

At the same time, Estonian electricity consumption increased by three per cent, reaching 718 gigawatt-hours. This increase was caused by the somewhat-lower outside air temperature. There was a surplus of 63 gigawatt-hours in the balance of the Estonian electricity system in October.

The volume of transit flows passing through the Estonian transmission system more than doubled year-on-year to 532 gigawatt-hours. The increase in transit volumes was caused by larger-than-usual energy flows between the electricity systems of Russia and the Baltic States.

In October, renewable energy production increased by 23 per cent year-on-year, but its proportion of gross electricity consumption remained at 14 per cent, similar to previous months. Last month, 113.6 gigawatt-hours of renewable energy was produced, of which 60 per cent was produced from biomass, 39 per cent from wind and one per cent from hydroelectric sources. Unfavourable wind conditions decreased the production of wind energy by 30 per cent.

In the Baltics as a whole, electricity production decreased by eight per cent year-on-year, although despite the decrease in Estonian production, the production in Latvia increased by 11 per cent to 482 gigawatt-hours, and by three per cent in Lithuania, reaching 252 gigawatt-hours. Gross consumption in the Baltics remained at the same level as last year, totalling 2.24 terawatt-hours.

The gross deficit of the electricity balance in the Baltic countries totalled 726 gigawatt-hours in October, increasing by 20 per cent year-on-year. It is estimated that 62 per cent of the deficit was covered with imports from the Nordic countries and 38 per cent of the deficit from third countries.

In the Nordic countries, electricity production increased by four per cent in October, reaching 33.69 terawatt-hours, and consumption by two per cent, reaching 31.96 terawatt-hours. 41 per cent of the gross production in the Nordic countries came from Swedish, 36 per cent from Norwegian, 17 per cent from Finnish and six per cent from Danish electricity producers. In the summary of the first ten months of this year, electricity balance surplus of the Nordic countries reaches 14 terawatt-hours.