Estonia’s Ministry of Climate has drawn up an updated national energy and climate plan that includes more ambitious renewable energy and climate neutrality targets, ERR reports. Under the plan, Estonia would produce all power from renewable energy sources by 2030 and be completely climate neutral by 2050. Climate Minister Kristen Michal asserted that the plan…
Lithuania’s State Defence Council (VGT) has instructed the government to agree with Latvia and Estonia on the synchronisation of the Baltic power grids with the continental European system and disconnection from Russia’s BRELL system by February 2025, BNS reports. Kestutis Budrys, chief national security adviser to President Gitanas Nauseda, said that there was “no fundamental…
Lithuanian asset management firm Modus Asset Management’s Clean Energy Infrastructure Fund will acquire Estonian renewable energy company Evecon’s solar farm portfolio in Latvia for an undisclosed sum, The Baltic Times reports. The portfolio consists of ten ground-mounted solar farms with bifacial solar panels and a total installed capacity of 55 MW. The portfolio is close…
Estonia and Latvia have put their national interests ahead of regional projects in regard to the synchronisation of the Baltic power grids with the contintental European system, Lithuania’s former energy minister, Arvydas Sekmokas, stated. Speaking in an interview with LRT, Sekmokas noted that Estonia seemed to want to postpone the synchronisation project to 2025 and…
Latvia’s electricity consumption totalled 491 GWh in June 2023, which was the lowest monthly figure since June 2005, according to data from transmission system operator Augstsprieguma Tikls (AST), LSM reports. Electricity consumption declined by 9% over a year and 5% over a month. AST attributed the drop in consumption to the increasing number of microgeneration…
Estonia’s producer price index (PPI) of industrial output fell by 1.9% on year in June 2023, according to Statistics Estonia, ERR reports. Compared to May 2023, the PPI dropped by 0.4%. The biggest impact on the index came from a fall in the price of electricity production and in the manufacture of wood products and…
Coordinated action by the Baltic States was essential to synchronise their power grids with the continental European system, Latvian President Edgars Rinkevics stated, LETA reports. Rinkevics discussed the synchronisation project with Climate and Energy Minister Raimonds Cudars. Earlier, Lithuanian President Gitanas Nauseda urged Rinkevics to speed up the synchronisation project, LETA reported. Speaking after a…
Latvia’s electricity transmission system operator, Augstsprieguma Tikls (AST), plans to invest EUR 509.8mn in the transmission network in 2024-2033, LSM reports. EU support will cover EUR 135.8mn of the total sum. AST will invest in the infrastructure and management technologies of the electricity transmission network to prepare for the synchronisation of the Latvian power grid…
The Baltic States will decouple from the BRELL power grid linked to Russia and Belarus in the beginning of 2025, Estonian Prime Minister Kaja Kallas announced, ERR reports. Earlier, Lithuania urged the Baltic States to synchronise their power grids with the continental European system ahead of schedule in 2024. Kallas noted that such a rapid…