Posts published in Society

Only new renewable capacities able to bring price of electricity down

Monday, September 20, 2021

The record-breaking electricity price this week has consumers worried. While energy companies and politicians are trying to mitigate the blow, the only thing that can keep the price down in the long run is having enough environmentally friendly production capacity. The world’s largest oil shale heat and power plant, first launched half a century ago, has once again become the flagship of national energy company Eesti Energia. Because the company’s…

Enefit Green’s renewable electricity production up 75 percent on year

Monday, September 20, 2021

Eesti Energia’s renewable energy subsidiary Enefit Green produced 96 gigawatt-hours of electricity this August, an increase of 75 percent compared to a year ago when its electricity output reached 55 gigawatt-hours. Most of the production came from wind parks in Estonia and Lithuania, generating 76 gigawatt-hours of renewable electricity in August. Wind power production was 118 percent higher than in the same period last year. Enefit Green board chairman Aavo…

European Commission transport chief: Nordica should fly from Tallinn

Monday, September 20, 2021

If we have a state-owned airline, it would be elementary for it to fly to destinations other than the home airport, Henrik Hololei, head of the European Commission’s Chief-General for Mobility and Transport said. Hololei told ETV’s morning show “Terevisioon” that the Baltic aviation market is small but functioning. “How the Estonian state-owned airline (Nordica – ed.) continues to operate is a question for the owner. If we have a…

Statistics: Producer price index up 15 percent on year to August

Monday, September 20, 2021

The producer price index of industrial output increased by 1.7 percent compared to July 2021 and by 15.5 percent compared to August 2020, state agency Statistics Estonia reported. Statistics Estonia leading analyst Eveli Šokman said that the index was affected by price increases in the manufacture of wood and wood products, in electricity production and in the manufacture of metal products. “Also the prices of electronic products had an impact…

Report: Estonia only EU country without car tax

Sunday, September 19, 2021

Estonia is the only EU member state that has not adopted a car tax to influence people’s transport preferences. Taxation of transport falls short of the EU average by 11 percent, a report by the Riigikogu Foresight Center reveals. “The European Union must reduce net emissions of greenhouse gases by at least 55 percent compared to the level in 1990 by the year 2030. This also requires transport to be…

Plan to require new roads include broadband infrastructure mulled

Sunday, September 19, 2021

The government is working on a plan to require road builders to include communications infrastructure in the planning phase of new state roads to aid future high-speed broadband solutions. It would be provided on the level of legislation that roads, especially main highways, would be planned and constructed complete with cable conduits, including with access and infrastructure necessary for cell towers, the Ministry of Economic Affairs and Communications said Sunday.…

Estonia sees eurozone’s fastest inflation in August

Saturday, September 18, 2021

Annual inflation in the euro area accelerated from 2.2 percent in July to 3 percent in August, according to Eurostat, while inflation in Estonia sped up from 4.9 percent to 5 percent, which was the fastest inflation in the euro area for the second month in a row. European Union annual inflation was 3.2 percent in August, up from 2.5 percent in July. A year earlier, the rates were -0.2…

Competition Authority urges caution over electricity package choice

Friday, September 17, 2021

Consumers are being advised to be cautious when thinking about changing their electricity package by the Competition Authority after a week of record-high prices. Consumers can choose between an exchange tariff package, a fixed-tariff package with a contract duration of between six and 36 months, and a package based on a combination of the two, the Competition Authority said on Friday. Although increases and decreases in electricity prices are difficult…

Tallinn apartment prices starting to outstrip purchasing power

Friday, September 17, 2021

Apartment prices in Tallinn are rising too fast for residents of the capital to keep up. However, lower interest rates on housing loans is providing a bit of breathing space. During the first half of 2021, interest in real estate spiked pushing prices to new highs. While activity has calmed down over the course of the year, there are now fewer apartments for sale but more interested buyers, ETV’s current…

Tartu-Helsinki flights may restart in spring 2022

Friday, September 17, 2021

Flights between Finland and Estonia’s second largest city Tartu are expected to restart in spring 2022, although no firm agreement is in place yet. Flights between Helsinki and Tartu have been suspended since spring 2020 due to coronavirus but there is new hope the flight path will reopen next year. Two weeks ago, Tartu City Government and Finnair met to discuss the issue. Mayor of Tartu Urmas Klaas said both…