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Estonia’s electricity output down by 1/6 on year

Estonian news - eteap January 28, 2016

Baltic News Service, 28.01.2016

The consumption of electric energy in Estonia last year was unchanged from 2014 but output declined by one-sixth, the transmission system operator Elering said on Thursday.

Altogether 8,137 gigawatt-hours of electric energy was consumed in Estonia during the year, roughly as much as in 2014. Production of electric energy meanwhile fell 17 percent to 9,062 GWh.

Electricity consumption surpassed the 2014 level during the period from March to October. In the winter months on the other hand consumption levels were lower than in the corresponding months in 2014.

The main reason for the decline in output was lower price of electricity on the electricity exchange, caused by the inflow of cheaper energy from the Nordic countries. The average price in 2015 was 31.08 euros per MWh, compared with 37.61 euros in 2014.

Despite the decline in output year over year, the amount generated in Estonia was 11 percent bigger than domestic consumption. The size of the surplus of the country’s electricity balance was 925 GWh.

The amounts of electic energy that passed through Estonia in transit grew by one-third to 4,939 gigawatt-hours. Domestic transmission of electric energy was unchanged on the level of 2014.

Electric energy generated from renewable sources during the year totaled 1,507 GWh, accounting for 16.7 percent of total electricity consumtion.

Latvia’s electricity output grew by 8 percent and consumption declined by one percent. The electricity balance of Latvia ran a deficit of 1.76 TWh, a 22 percent smaller figure than in 2014. The gap was bridged with electricty imported via the Estonian transmission system.

The electricity output of Lithuania grew by one-tenth, consumption was down by 2 percent and the size of the deficit was 7.18 TWh. Electric energy produced in Lithuania accounted for 31 percent of domestic consumption. Of the rest 55 percent was imported via Latvia and 45 percent from third countries.

In the electricity balance of the Baltic countries there was a deficit of 8.01 TWh, 13 percent bigger than in 2014. The deficit equaled 31 percent of the electricity consumption of the three countries. An estimated 61 percent of the gap was bridged with Nordic imports and 39 percent with imports from third countries.

Electricity output by the Nordic countries surpassed consumption by 4 percent and the surplus measured 15.86 TWh

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