Estlink 2 will be offline till the end of this week

Tuesday, 12 May 2015

Estonia-Finland undersea electricity cable Estlink 2, which has been out of order for a week, will be in repairs for this week too, resulting in a higher bourse price of electricity in Estonia than in Finland, Postimees Online reports.

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Electricity market price in Estonia still below former closed market price

Tuesday, 12 May 2015

Electricity exchange Nord Pool Spot (NPS) Estonian price area price was in April 30.50 euros per megawatt-hour, which was for the second month in a row lower than the closed market price that was valid till the end of 2012, reports Estonian national grid company Elering.

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The Estlink 2 switched off; it will take around two weeks to fix it

Wednesday, 06 May 2015

The Estlink 2 undersea cable between Estonia and Finland switched off on Thursday of last week, and it will take around two weeks to fix it, Public Broadcasting reports.

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Elering's revenue in Q1 of 2015 - 39.2 million euros

Thursday, 30 April 2015

Estonian state-owned main electricity grid operator Elering announced that in the first quarter of 2015, its revenue was 39.2 million euros, operating profit 17.8 million euros and net profit 15.0 million euros.

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Amber Grid signs agreement on EU financial support for construction of Klaipeda-Kursenai pipeline

Thursday, 30 April 2015

Lithuania's Natural Gas Transmission System Operator, AB Amber Grid, and the European Union's (EU) Innovation Network Executive Agency (INEA) signed an agreement on the EU's financial support for the construction of the Klaipeda-Kursenai gas transmission pipeline. Under this agreement, the project will be granted the EU support of EUR 27.6 million under the Connecting Europe Facility (CEF), said Amber Grid.

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