Language switcher

You are here

News

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...
18.08.2022

The Competition Authority is analysing the causes of high prices on the power exchange

Today, the average electricity price in the Estonian price zone is 682.05 €/MWh and for one hour between 6 p.m. and 7 p.m., as much as 4,000 €/MWh. In light of the record increase in electricity prices in recent days, the Competition Authority has decided to closely analyse the reasons for this...
16.06.2022

Elektrilevi is required to issue connection offers on Hiiumaa

The Estonian Competition Authority conducted a supervision procedure concerning the activities of Elektrilevi in relation to the problem of connecting producers to the network on Hiiumaa. In January 2022, Elektrilevi publicly announced that it would refuse to issue connection offers to producers...
16.06.2022

The joint tender submitted for the public procurement of roundwood road transport was a distortion of competition

The Estonian Competition Authority established that the extensive joint tender submitted by the private limited company Prenton to the State Forest Management Centre in the public procurement of roundwood road transport was a distortion of competition and issued a precept to Prenton, which...

Pages