The Latvian government has rejected the application by Ørsted for an area in Latvian waters for the potential development of offshore wind, citing the need to find a suitable location for ELWIND, a joint national development between Latvia and Estonia, as the reason for the rejection.
Eesti Energia, the state-owned energy company, sent a letter to the European Commission asking whether the government’s plan to change the procedure of appointing supervisory board members of Elektrilevi is justified.
Volatile electricity prices are a new norm, meaning the current, unprecedentedly high prices in Estonia will be contrasted by very low prices at some point in the future, Hando Sutter, Eesti Energia board chair, told ETV politics talk show 'Esimene stuudio' Tuesday night.
Shares issued in an initial public offering (IPO) of state-owned energy giant Eesti Energia's renewables subsidiary, Enefit Green, were oversubscribed fourfold following flotation. All of Eesti Energia's management board and supervisory board members who applied for shares found their applications fully satisfied, while some other applicants did not.
Eesti ja Läti uurivad koos võimalust riikide algatusel rajatava meretuulepargi võrku ühendamiseks ja neljanda ühenduse loomist. Riigile kuuluv Eesti Energia paneb pahaks, et projekt energiafirma Liivi lahe tuulepargiga ei arvesta.