Elering’s Q3 Financial Results
In the third quarter of this year, Elering had a revenue of 20.1 million euros, an operating profit of 0.8 million euros and a net loss of 1.9 million euros. According to Peep Soone, CFO of Elering...
Elering is Inaugurating its Emergency Reserve Power Plants in Kiisa Today
The Estonian Minister of Economy and Infrastructure Urve Palo, Elering’s CEO Taavi Veskimägi and the Vice President of the Finnish Wärtsilä Group are inaugurating Elering’s emergency reserve power...
Power Consumption Increased by 6% in September
Power consumption in Estonia increased by 6% per cent in September compared to last year, amounting to 606 gigawatt hours. Domestic power consumption has been on the rise since May of this year, yet...
Despite of the EstLink Power Cuts, the Estonian Power Exchange Price was Relatively Stable
Despite of the power cuts that took place in the direction Estonia-Finland in September, the Estonian power exchange prices were on par with the Finnish prices on close to 82% of all hours last month...
EstLink 2 Return Circuit Joints at Risk of Failure to be Replaced in October
Elering, together with the supplier and builder of the EstLink 2 interconnection Nexans Norway AS, have developed a solution for ensuring the moisture resistance of the current return circuit joints...
EstLink 2 Operational Again, but Requires Fault Risk to be Eliminated Promptly
The HVDC interconnection between Estonia and Finland, EstLink 2, is operational again since Sunday morning (September 14). However, in order to avoid further problems, it might prove necessary...