Electricity prices increased in July
In July, electricity exchange prices increased in all Nord Pool price areas. The biggest rise was in the Finnish price area, where the stock price increased 49.5 % to 45.9 euros per megawatt-hour. The...
Elering supervisory board approves management board members for new period
The supervisory board of Estonia’s electricity and gas TSO Elering has confirmed the chairman of the management board Taavi Veskimägi’s appointments of two management board members, Head of Asset...
Elering earns 22 million euros profit in H1
Elering’s operating income in the first half of 2019 was 85.1 million euros, operating profit was 29.9 million euros and net profit was 22.0 million euros. A sum of 10.9 million euros from arbitration...
Consumption of natural gas falls by one-tenth in H1
Eleven per cent less natural gas was consumed in Estonia in the first half of this year, consumption totalling 2720 gigawatt-hours. Likewise, 11 per cent less natural gas was imported – 2723 gigawatt...
Electricity output for H1 was 3,815 gigawatt-hours, one-quarter of it renewable energy
In the first half of the year, a total of 3,815 gigawatt-hours of electricity was generated in Estonia, of which 937 gigawatt-hours was made up by electricity produced from renewable sources...
Renewable energy accounts for 19.7 per cent of electricity consumed in Q2
In Q2, Estonia’s power plants generated 411 gigawatt-hours of renewable energy and renewable energy made up 19.7 per cent of total power consumption in Estonia. Estonia has established 15.7 percent as...