The Baltic Electricity Shortage Increased in July
Electricity consumption in the Baltic region exceeded production by 30% in July, pushing the electricity shortfall to a new peak. Estonia is the only electricity exporting nation among the Baltic...
In July Record amounts of Electricity Were Sold in the Estonian Price Area
Trading activity in the Estonian price area of the Nord Pool Spot (NPS) power exchange remained high in July as a consequence of major shortages of electricity in Latvia and Lithuania and high prices...
Elering Employs Janek Parkman as New Project Manager for Gas
From the beginning of August Janek Parkman has been working for Elering as the project manager for developing the natural gas market with responsibility for doing the groundwork needed for a...
Elering’s Financial Results for the Second Quarter
Elering’s revenues in the second quarter of this year were 16.1 million euros, operating profit was 620 thousand euros and net profit was -1.2 million euros. These figures represented an improvement...
Elering has started placing bids in the NPS SESAM system to avoid possible curtailment
On 26 July Elering started putting bids into SESAM, the Nordic power exchange Nord Pool Spot’s platform for day-ahead electricity purchases and sales, in order to reduce the risk to market...
Renewable Energy Covered 15% of Electricity Consumption in the Second Quarter
In the second quarter of the year electricity production from renewable sources was equal to 15% of Estonian electricity consumption, which is 2% less than a year ago. Production of renewable energy...