Electricity production in May grows 66 per cent

Estonia’s electricity production grew in May by 66 per cent compared with the year prior, totalling 1018 gigawatt-hours.

Production from renewable sources grew by 22 per cent to 105 gigawatt-hours, while at the same time production from non-renewable sources grew by 74 per cent to 912 gigawatt-hours.

Electricity consumption grew by five per cent year-on-year, totalling 651 gigawatt-hours. Electricity produced from renewable sources made up 14.1 per cent of domestic consumption in May. In total, domestic production exceeded electricity consumption by 367 gigawatt-hours last month.

Electricity trade imports totalled around a fifth, or 97 gigawatt-hours, of the previous year’s import quantities. Electricity trade exports grew three per cent to 449 gigawatt-hours. Of total electricity imports, 75 per cent came from the direction of Finland, and 25 per cent from that of Latvia. Of exports, 75 per cent went to Latvia and the remaining 25 per cent went to Finland. The monthly summary shows that the Estonian electricity trade balance showed a surplus of 352 gigawatt-hours.

In Latvia, electricity production grew year-on-year by one tenth, reaching a total of 581 gigawatt-hours. The vast majority of electricity production was based on hydro energy, which was favoured by the higher availability of water reserves compared with last year. The average inflow of water into the Daugava River in Latvia was 954 cubic metres per second in May this year, compared with 725 cubic metres per second a year ago. The share of hydro and wind energy production in Latvia’s overall production totalled 72 per cent.

Gross production and consumption in the Baltic States grew in May by 37 and three per cent respectively compared with the year before. The electricity balance in the three countries saw a deficit of 237 gigawatt-hours, or 12 per cent of total consumption.

In the Nordic countries, both electricity production as well as consumption grew by three per cent. The balance in May saw a surplus of 1057 gigawatt-hours. Hydro reservoirs in the Nordic countries were at 44.5 per cent of maximum capacity at the end of May. At the same time last year, the same figure was 55.8 per cent.