The Baltic States will not be able to decouple their power grids from the Russian-controlled BRELL system ahead of schedule in 2024, Rokas Masiulis, CEO of Lithuania’s electricity transmission system operator, Litgrid, stated, BNS reports. He said that the synchronisation process still depended on Estonia’s transmission system operator, Elering, which has said that Estonia will…
Planned new wind energy projects in Latvia would be sufficient to generate electricity for more than half of the country, LSM reports. At the moment, wind energy accounts for just under 3% of Latvia’s electricity production, according to the Ministry of Climate and Energy. Lasma Livzeniece, executive director of the Latvian Wind Energy Association (LVEA),…
Lithuania’s Court of Appeal has upheld a ruling of the Vilnius Regional Court in the Energy Ministry’s case against French energy group Veolia, Baltic News Network reports. The court rejected appeals from Veolia, Vilniaus Energija, and Litesko against the Energy Ministry’s claim of EUR 240mn in compensation for damages caused to the state. The Court…
Senior officials from the Baltic states, Poland, and the European Commission met in Brussels and pledged to accelerate the synchronisation of the Baltic electricity grids with the continental European system, ERR reports. The current deadline for the synchronisation project is at the end of 2025. Timo Tatar, undersecretary of Estonia’s Ministry of Environment, said that…
Lithuania’s state-owned electricity supplier, Ignitis, will invest up to EUR 115mn in the development of an electric vehicle (EV) charging network in the Baltic States, GlobeNewswire reports. The investment will go towards acquiring EV charging stations. Ignitis plans to install up to 3,000 fast EV charging stations in the Baltic region by the end of…
The Estonian metal processing company, Freen, will invest EUR 5.9mn to begin manufacturing wind turbines at its factory in Kohtla-Järve, BNS reports. Estonia’s business support agencies, KredEx and Enterprise Estonia (EAS), will provide EUR 2.6mn of financial support for the project from the EU’s Just Transition Fund. Freen completed the construction of the first phase…
Estonia’s privately-owned energy group, Utilitas, posted sales revenue of EUR 255.9mn in 2022, which was up from EUR 159.9mn in 2021, ERR reports. Production and sale of heat and electricity accounted for 94% of total revenue. The rest came from renewable energy subsidies and other sales. Utilitas produced 2.2 TWh of heat and electricity in…
Latvia’s new president, former foreign minister Edgars Rinkevics, made his first official visit abroad to Estonia on 10 July 2023, ERR reports. He met with Estonian President Alar Karis, Prime Minister Kaja Kallas, and other officials in Tallinn. They discussed bilateral cooperation, regional cooperation projects, continued support for Ukraine, and the NATO summit in Vilnius….
Estonia’s privately-owned gas company, Eesti Gaas (Elenger), posted revenue of over EUR 1bn in 2022, which was a triple increase from just over EUR 380mn in 2021, ERR reports. Sales of natural gas amounted to EUR 890.2mn (88% of total revenue) and of electricity to EUR 67mn (nearly 7%). Sales in Estonia accounted for 46%…