Electricity Export Nearly Doubles in March
The total exports of Estonia’s electricity trade came to 579 gigawatt-hours this March, which is approximately twice as high as the same period of last year. Exports to Finland grew by more than a...
Universal Service Electricity Purchases Fall to 13 Percent of Total Consumption in March
Customers using a universal service purchased 13 percent of all the electricity consumed in March, a drop of three percentage points compared to February. At the same time, the amounts of electricity...
Cold Weather Drives Up Electricity Market Price in March
The system price on the Nordic power exchange Nord Pool Spot (NPS) increased by 13 percent in March compared to February, to 44.83 euros per megawatt-hour. The rise was mostly caused by colder weather...
Electricity Output Grows 11% in February
This February, electricity production in Estonia reached 1060 gigawatt-hours, which is 11 percent higher than the same time last year. The main reason for the increase in electricity production was...
In February, 84% of electricity consumed purchased via open market contracts
In February, 84% of all electricity consumption was purchased via open market contracts, which has grown by one per cent compared to January. The universal service was used at 202,009 metering points...
Unusually Warm February Lowers Electricity Market Price
This February’s unseasonably warm weather caused electricity consumption in the Nordics and Baltics to fall up to 15 percent year-on-year. The lower demand forced the price of electricity on the...