Estonia’s electricity transmission system operator, Elering, has finally located the fault in the EstLink 2 power cable connecting Estonia and Finland, ERR reports. Complexities due to the area’s terrain and the cable’s design mean that repairs will now extend until the end of August 2024, the company announced. Initially, Elering expected the cable to be…
Latvia’s industrial production declined by 4.5% in 2023 compared to 2022, according to the Central Statistical Bureau (CSP), LSM reported. Output in manufacturing decreased by 4.5%, in electricity and gas supply by 0.8%, and in mining by 19% over a year. The drop in manufacturing output was the largest annual decline since 2009. Martins Abolins, economist…
An investigation into the outage of the EstLink 2 power interconnection between Estonia and Finland has so far found no “intentional external damage” in the undersea cable, Estonian transmission system operator Elering announced, ERR reports. The exact location of the fault and the specific cause of the outage remain to be determined, however. Finnish transmission system operator…
Estonia’s and Finland’s electrcity transmission system operators, Elering and Fingrid, have located a fault in the EstLink 2 undersea power cable between the two countries, ERR reports. The location is in the vicinity of the cable landing point on the Estonian coast. The operators concluded that the fault was not caused by external damage. The…
The EstLink 2 submarine power cable between Estonia and Finland went offline on the night of 25-26 January 2024, ERR reported. The cause and exact location of the outage are still unknown. Estonia’s transmission system operator, Elering, assured that there was no threat to the security of electricity supplies to Estonia. The EstLink 1 power…
The Estonian government plans to split the state-owned energy group, Eesti Energia, into three separate companies, Finance Minister Mart Võrklaev announced, ERR reports. He said that the plan was to list shares of network operator Elektrilevi and renewable energy producer Enefit Green on the stock exchange. However, Võrklaev said that he was no longer in…
The share of renewable sources in total energy consumption in the Baltic States was highest in Latvia in 2022, LSM reports. Eurostat data showed that 43.3% of Latvia’s gross final energy consumption came from renewable sources in 2022, which was up from 42.1% in 2021. Estonia came in second with 38.5% (37.4%), followed by Lithuania…
The Lithuanian renewable energy company, Green Genius, will invest EUR 179mn in solar farms in Latvia and Lithuania, BNS reports. The company plans to invest EUR 109mn in a 153-hectare solar farm near the Latvian city of Jekabpils and EUR 70mn in a 140-hectare solar power plant in the Lithuanian town of Seduva. Green Genius…
Latvia’s parliament, the Saeima, has approved amendments to partially compensate electricity distribution tariffs in 2023, LSM reports. The government will cover 60% of the fixed part of electricity distribution tariffs from September 2023 until the end of the year, reducing electricity bills by an average of 18%. The support measure will cost around EUR 30.5mn,…