Elering Second Quarter Financial Results
Elering has posted earnings of 18.9 million euros for the second quarter of this year, with operating profits of 2.1 million euros and net profit of 0.6 million euros. According to Peep Soone...
Electricity production fell by 7% in May
Electricity production in May was 7% lower than at the same time a year ago at 787 GWh. The main reason behind this fall was the larger amount of hydroelectricity from Scandinavia coming to the market...
Electricity Price Down 24% On Last Year
Electricity prices on the Nord Pool Spot (NPS) power exchange maintained a uniformly low level in May, with the Estonian price area setting a price of around 36 EUR/MWh. The high levels of hydro...
The First Engine hall of Kiisa Emergency Reserve Power Plant Completed
Today 13 June marked the completion of one of the engine halls in Estonia's first fast-start emergency reserve power plant in Kiisa. The first unit of the plant will be ready for operation in 2013 and...
Elering’s Financial Results for the First Quarter
Elering has posted earnings of 34.5 million euros for the first quarter of this year, with operating profits of 17.7 million euros and net profit of 16.1 million euros. Elering’s CFO Peep Soone said...
Vopak LNG chosen as strategic partner for Tallinn liquefied natural gas terminal project
Elering and Tallinna Sadam have chosen Vopak LNG, a LNG focussed subsidiary of the world’s leading independent provider of conditioned storage facilities for bulk liquids Royal Vopak , as their...