Estonia’s industrial production declined by 5.8% at constant prices on year in July 2024, according to Statistics Estonia, ERR reports. Output rose by 16.9% in mining and 16.3% in electricity production, but fell by 7.8% in manufacturing. The volume of industrial production declined in more than two thirds of manufacturing sectors. Meanwhile, sales of manufacturing…
The Estonian-Finnish undersea power cable, EstLink 2, will resume operations after repairs on 4 September 2024, BNS reports. The power interconnection was shut down due to a fault in late January 2024. The repairs involved replacing around 300 metres of cable and connection joints. Shore reinforcement and surface works and removal of temporary structures will…
Latvia’s industrial production rose by 1.4% on year in July 2024, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reports. Output in manufacturing declined by 6.4%, while output in mining and quarrying increased by 6.1% and in electricity and gas supply by 66.0% over a year. Compared to June 2024,…
Estonia has officially joined the European Organization for Nuclear Research (CERN) as the organisation’s 24th member state, Estonian World reports. Estonia applied for CERN membership in 2018. Estonia signed the first cooperation agreement with CERN in 1996 and gained associate member status in 2021. As a full member state, Estonia will have voting rights in…
Estonia’s privately-owned gas supplier, Eesti Gaas, will raise the price of natural gas for household consumers as of 1 October 2024 due to fluctuations in European gas market prices, ERR reports. The new tariff will be EUR 0.59 per m3, including VAT. In August 2024, Eesti Gaas cut the gas price to EUR 0.525 per…
Electricity prices in Estonia will increase significantly following the planned decoupling from the Russian electricity grid in February 2025, Postimees reports. Currently, the rate for production and consumption stands at just EUR 0.04 per MWh. Estonia’s transmission system operator, Elering, has proposed raising the rate to as much as EUR 5.31 per MWh, largely due…
Latvian Prime Minister Evika Silina urged European countries to “resist Russian evil,” saying that this would help increase security and prosperity in the continent, LSM reports. Speaking at the European Political Community (EPC) summit in the UK, Silina called on Europe to provide more military, financial, and political support to Ukraine. She said that European…
The Baltic power transmission system operators (TSOs) have notified Russia and Belarus of their intention to decouple from the Russian-controlled IPS/UPS electricity system in February 2025, ERR reports. Estonia’s Elering, Latvia’s Augstsprieguma Tikls (AST), and Lithuania’s Litgrid informed the Russian and Belarusian TSOs that they would not extend the BRELL parallel energy system operation agreement….
Estonian Prime Minister Kaja Kallas has submitted her resignation to President Alar Karis, ERR reports. Kallas will also resign from her post as chairperson of the Estonian Reform Party. Earlier, she was nominated as the EU’s foreign policy chief. Kallas will remain acting head of the government until the new coalition is sworn into office, which…