The US ambassador to Latvia, Christopher Robinson, expressed concern about the potential for backsliding in Latvia’s fight against corruption, Baltic News Network reported. Speaking in an interview with TVNET, Robinson specifically highlighted Aivars Lembergs, the sanctioned former mayor of Ventspils, as a symbol of the dangers of returning to oligarchic influence. He said that the…
Estonia’s ruling coalition has abandoned a plan to change the current renewable energy fee, which would have raised EUR 60mn annually and shifted costs from consumers to the state, ERR reported. The senior party in the coalition government, the Estonian Reform Party, rejected the plan, citing concerns about the plan’s financial viability. The changes were…
The EstLink 2 undersea electricity cable connecting Estonia and Finland malfunctioned in late January 2024 due to an internal short circuit, transmission system operator Elering announced, ERR reports. The short circuit may have been caused by the cable’s steep angle where it transitions from land to sea. Experts believe the fault resulted from either geological…
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…
Lithuania’s industrial production totalled EUR 35bn at current prices in 2023, the State Data Agency (VDA) reported. Compared to 2022, industrial output decreased by 5.2% at constant prices, according to calendar-adjusted data. In terms of unadjusted data, industrial production dropped by 5.3% over a year. The volume of output in manufacturing decreased by 3.7%, in…
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…
The total production of industrial enterprises in Estonia declined by 10.5% in 2023 at constant prices compared to 2022, according to Statistics Estonia’s data, ERR reports. Output decreased in all three industrial sectors, including in energy production by 21%, in manufacturing by 9.8%, and in mining and quarrying by 4.7%. Production volumes fell every month…
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…