Estonia: Government plans to split Eesti Energia into three companies

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…

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Baltic: Renewable energy use highest in Latvia in 2022: Eurostat

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…

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Latvia: State to cover 60% of electricity distribution fee

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,…

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