According to the Nordic electricity exchange, Nord Pool Spot (NPS), the average electricity price in the Estonian price area in April was 30.50 euros per megawatt-hour, remaining for the second...
In the first quarter of 2015, Elering’s revenue was 39.2 million euros, operating profit 17.8 million euros and net profit 15.0 million euros. On 2 January 2015, Elering acquired 51.38% of Võrguteenus...
In March, Estonia’s power system ran a deficit due to the good usability of hydro resources in the region, resulting in the lowest electricity prices in Estonia since the launch of the power exchange...
In the first quarter of 2015, renewable energy totalled 17.3 per cent of Estonia’s total consumption compared to 13.5 per cent during the same period in 2014. Estonia has undertaken to cover 13.2 per...
Last week, Elering signed a contract with Empower AS to build the second stage of a 330-kilovolt substation near the Eesti Power Plant in Ida-Virumaa, with the project expected to cost 9.1 million...
Last week, international credit rating agency Moody’s confirmed Elering’s A3 rating for long-term obligations, with the outlook of the rating being stable. According to Moody’s, the rating is based on...