Baltic: Power grids to exit Russian system in February 2025

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….

Read More

Estonia: Finance Minister suggests listing RB Rail on stock exchange

Estonian Finance Minister Mart Võrklaev suggested floating the company coordinating the Rail Baltica railway project, RB Rail, on the stock exchange to raise more funds amidst rising construction costs, ERR reports. Construction costs in Estonia alone are estimated at EUR 3.1bn, with EUR 1.2bn secured from EU funding. Võrklaev said that the government expected to have…

Read More

Estonia: Several countries interested in renting prison space: ministry

Several countries have expressed interest in renting Estonia’s empty prison space, according to the Ministry of Justice, ERR reports. A ministry official said that neighbouring countries had shown interest, and that European statistics indicated a demand for prison space. However, legislative amendments were needed before renting out prison space, the official added. Earlier reports suggested…

Read More