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Tue Feb 07, 2012, 18:24 GMT +2

Electricity

Estonian Power System today is the compound complex, where Narva oil shale fired power plants, Iru combined heat and power plant (near Tallinn), wind parks and restored hydro plants work together.

Estonian Power Grid is connected with Russian, Latvian and with a maritime cable (300 MW) to Finnish (Nordic Grid). Second cable link project (600 MW) has been approved and will be operational by 2014.

The largest energy provider in Estonia is Eesti Energia, a 100% state-owned company.  Eesti Energia is the largest employer in Estonia and its bonds are listed on the London Stock Exchange.

The Estonian energy system is the only predominantly oil-shale-based energy production system in the world.

As of April 2010, 35% of the Estonian electricity market is open. All companies that consume more than 2 GWh of power at one consumption point will be considered open market users in that location and will be required to buy electricity at open market prices.

The price of electricity is comprised of four components: electricity, network service, renewable energy support, and excise duty.

The average national rate for electrical energy is EUR 0.7 per kWh (excluding VAT).

Electricity price and network service calculators are available on the web page of Eesti Energia. These enable the calculation of power expenditures based on applicable packages, and can offer the most cost-efficient price package for the given data: https://www.energia.ee/en/business/electricity/rates


Additional information

Eesti Energia: www.energia.ee
Elering: www.elering.ee

Last Updated on Monday, 28 February 2011 14:18
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