Elering’s Q2 Financial Results
In the second quarter of this year, Elering’s revenue was 30.9 million euros, operating profit 12.1 million euros and net profit of 10.0 million euros. According to Elering’s CFO Peep Soone, there is...
Renewable Energy Made Up 13.5% of Total Power Consumption in Second Quarter
Renewable energy made up 13.5% of Estonia’s total power consumption in the second quarter of the year. The share of renewable energy in power consumption was 12.2% in the same period last year...
Number of Consumption Points with Electricity Contracts Increased by 1,000 in June
According to the statistics from the Data Warehouse information system managed by Elering, 563,000 consumption points had valid electricity contracts at the end of June, exceeding the result at the...
Electricity Exchange Price Dropped by 3% in June
In June, the price of electricity for the Estonian price area on Nord Pool Spot (NPS), the Nordic electricity exchange, averaged 35.81 euros per megawatt-hour, which was almost 3% less compared to May...
Elering’s Second Emergency Reserve Power Plant in Kiisa was Completed
On July 2, Wärtsilä Finland OY handed over the second emergency reserve power plant in Kiisa to Elering; this completes an investments programme to establish a 1000-megawatt electricity connection...
Electricity Consumption on the Rise in May After Several Months
Domestic electricity consumption increased by 2% compared to May last year, reaching 620 gigawatt hours. Electricity production, however, decreased by 4% to 892 gigawatt hours. Air temperature, which...