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Photo of elecricity lines
18.05.2023

2022 annual report focuses on the energy crisis and its impact

The topics of the 2022 annual report of the Competition Authority are the energy crisis, the resulting increase in prices and inflation. According to Evelin Pärn-Lee, Head of the Competition Authority, the energy crisis was not unexpected, but the concurrence of several unfavourable factors has...
Photo of elecricity lines
03.05.2023

Enefit Power AS’s request for a higher price of the universal electricity service was not approved by the Competition Authority

On 28 April 2023 the Competition Authority rejected the request of Enefit Power AS to establish a higher production price of the universal electricity service. Evelin Pärn-Lee, Director General of the Competition Authority, stated that the manufacturer’s proposed universal service production...
Photo of Ryanair´s plane
27.04.2023

The Competition Authority rejected Ryanair's complaint

Based on the Competition Authority’s price analysis, it was concluded that the fees charged by Tallinn Airport are reasonable and justified. Tallinn Airport announced an increase in fees in the summer of 2022. Pursuant to the Aviation Act, Tallinna Lennujaam AS is not obliged to coordinate the...
26.10.2022

Postponement of FinEstLat and Lithuanian gas market merge

On 1 January 2020, the single entry tariff zone of Finland, Estonia and Latvia (FinEstLat) started operating. The merger of FinEstLat means the linking of the Finnish, Estonian and Latvian markets, removing the internal tariffs in the region and setting the entry tariffs in the region at the same...
21.10.2022

Public consultation on the terms and conditions of LNG terminal

The Estonian Competition Authority (Konkurentsiamet) and Finnish Energy Authority (Energiavirasto) will carry out a joint consultation on the terms and conditions (including prices (this concerns only the Finnish regulator, as the Estonian regulator approves the LNG tariff calculation methodology...
The analysis identified no violation of market rules.
13.10.2022

Competition Authority: Nord Pool must offer greater flexibility in products on the Baltic market

According to the joint analysis of Estonian, Latvian, and Lithuanian energy regulators, the steep increase in the electricity price on the Nord Pool exchange on 17 August 2022 was a result of a combination of different factors along with the peculiarities arising from the small size of the Baltic...
On 17 August, the average price of electricity in the Estonian price area increased to 682.05 euros/MWh, with the price being 4000 euros/MWh from 18:00 to 19:00.
19.09.2022

The Competition Authority extends the deadline for the analysis of the causes of high electricity exchange prices

The deadline for the analysis of the causes of high electricity exchange prices is postponed due to the volume of the material to be analysed. According to Evelin Pärn-Lee, Director General of the Competition Authority, several meetings have been held over the last few weeks with regulators...
16.09.2022

Universal price of electricity to be determined by 30 September

The Competition Authority is fast-tracking the analysis of data submitted by Enefit Power in order for the universal price of electricity to be confirmed by 30 September. According to Evelin Pärn-Lee, Director General of the Competition Authority, the next step for Enefit Power is to submit...
Estonian, Latvian and Lithuanian Regulatory Authorities agreed to cooperate with Nord.
01.09.2022

Baltic National Regulatory Authorities and Nord Pool cooperate in analysing the price hikes on the power exchange

Baltic National Regulatory Authorities, Nord Pool and Baltic Transmission System Operators met on Monday (August 29th) regarding electricity price hike on the 17th of August and discussed the causes of such deviations. Estonian, Latvian and Lithuanian Regulatory Authorities agreed to cooperate...
25.08.2022

Baltic NRAs call for a review of the automatic rise in the price cap for the wholesale electricity market

On 23 August 2022, the Market Coupling Steering Committee (MCSC) committee announced that in line with the Harmonised Maximum and Minimum Clearing Prices (HMMCP) Methodology in accordance with Article 41(1) of Commission Regulation (EU) 2015/1222 of 24th July 2015 (CACM Regulation), the harmonised...

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