Elering’s Q3 Financial Results
In the third quarter of 2016, Elering’s revenue was 24.3 million euros, operating profit 2.7 million euros and net loss 0.1 million euros. Revenues fell by 2.5 million euros compared to the third...
An estimated quarter of imported natural gas in September originated from Lithuania
Roughly 20 million cubic meters of natural gas was imported to Estonia in September, about a quarter of that came from Lithuania. Balance providers mainly imported gas through the border crossing...
Construction of Balticconnector will begin in 2017 at a cost of almost 300 million euros
The financing agreement signed in Brussels on October 21, gives the green light for launching procurements to construct the Estonian-Finnish gas connection and, in all probability, to start...
Renewable energy comprises 13.5 per cent of total electricity consumed in third quarter
In the third quarter of this year, Estonian power plants produced 279 gigawatt-hours of renewable energy and renewable energy comprised 13.5 per cent of total electricity consumption in Estonia, one...
Elering and Baltic Connector signed a cooperation agreement to construct the offshore section of gas interconnection
Today Elering and Finnish state-owned Baltic Connector signed an agreement concerning the cooperation related to the Estonian-Finnish gas interconnector construction project Balticconnector. According...
Elering signed a contract with Siemens to maintain Estlink 2 converter plant
On Tuesday, Elering signed a contract with Siemens to maintain the converter plant of the Estonia-Finland Estlink 2 direct current interconnection at Püssi substation. “The signed maintenance contract...