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Wed Jun 19, 2013, 17:57 GMT +3

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 January 2013 Estonia has an open electricity market.

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

The price of the elctricity on the open market can be followed through Nord Pool Spot http://www.nordpoolspot.com/


Additional information

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

Last Updated on Tuesday, 07 May 2013 10:46
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