News
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...
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...
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...
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...
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...
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...