EstLink 2 Commissioning Tests Ran Smoothly
System tests for the EstLink 2 direct current interconnection between Estonia and Finland were carried out between 22 October and 5 December 2013 by the transmission system operators Fingrid and...
Market Participants will be Able to Hedge Risks between Price Areas Starting from 2014
According to the agreement between Estonian and Latvian TSOs Elering and Augstprieguma tīkls (AST), the explicit allocation mechanism will be used for part of transmission capacity on the Estonian and...
Fingrid and Elering Will Become the New Owners of EstLink 1
Today, a sales contract was concluded for the first Estonian–Finnish submarine cable EstLink 1, making the Finnish grid network company Fingrid and Estonian grid network company Elering the new owners...
Electricity Price in Estonia Remains Lower than Southern Neighbors
The price in the Estonian price area in October was 46.76 euros per megawatt-hour, which is a drop of 62 cents compared to September. In the NPS Latvia and NPS Lithuania price areas, electricity...
Consumer Electricity Supply is Secure for the Coming Winter
According to the annual production supply assessment prepared by Elering, the electricity supply security of Estonian consumers for the coming winter is assured, with sufficient production and...
Elering’s Q3 Financial Results
Elering posts third-quarter total revenue of 27.4 million euros, operating profit of 8.2 million euros, and net profit of 7.5 million euros. According to Peep Soone, Elering’s Financial Manager, the...