Elering to become Nord Pool Spot shareholder
Estonian, Latvian and Lithuanian electricity transmission system operators (TSOs) Elering, Augstsprieguma Tīkls and Litgrid have signed a Memorandum of Understanding (MoU) on the purchase of the...
Elering to Reinvest Profits into Development of Estonian Power System
Elering has posted earnings of 94 million euros for 2011, with expenditures of 66 million euros. Last year’s net profit reached 20.5 million euros, and it will be entirely reinvested over the upcoming...
Power Consumption Grew by 8% in February
Estonia’s power consumption was 8% greater than last year in February (844 GWh). The previous month also brought along this winter’s consumption record, when at 10:05 AM on February 6th the...
Electricity Purchases in NPS Estonian Bidding Area Down 15% in February
Purchase amounts for the Estonian bidding area of the Nord Pool Spot (NPS) electricity exchange fell nearly 15% due to decreased activity by Latvian market players, as well as a price increase...
Ramboll Oil & Gas A/S to Conduct Feasibility Study of Muuga LNG Terminal
The call for tender for the preliminary feasibility study of the Muuga liquefied natural gas (LNG) terminal, announced by Elering in December of 2011, has been won by the Denmark-based international...
Dispute Submitted in Public Procurement of Data Warehouse Information System
The outcome of the public procurement of a meter data information system for the open electricity market was disputed by AS Proekspert. Elering has announced that the most economically beneficial...