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Elering and Enefit Power Sign Agreement to Ensure Island Operation Capability
Elering and Enefit Power, a subsidiary of Eesti Energia, signed an agreement to ensure island operation capability following a public procurement process. Under the agreement, Enefit Power guarantees the controllable generation capacity required to maintain Estonia’s security of supply. Maintaining the necessary 1,036 megawatts of generation capacity will cost up to €59.5 million per year.…
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Baltic TSOs Launch Multi-NEMO Intraday Trading Arrangement, Opening the Market to Competition
The Baltic electricity transmission system operators (TSOs), together with regional partners, have reached a significant milestone in the evolution of the Baltic power market. The launch of the Multi-NEMO (Nominated Electricity Market Operator) arrangement marks a decisive step toward a more competitive, transparent, and service-oriented wholesale trading environment across Estonia, Latvia, and Lithuania. Beginning 25 November, a new…
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Estonia Estonia Backs Stronger EU and NATO Cooperation with Azerbaijan, Highlights Energy and Digital Partnership Opportunities
Foreign Minister Margus Tsahkna is visiting Azerbaijan with an Estonian business delegation to strengthen economic and digital cooperation between the two countries. The delegation includes 15 companies from various sectors, and the visit will feature a meeting with Azerbaijan’s President Ilham Aliyev and Foreign Minister Jeyhun Bayramov. “As a member of both the European Union…
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Stargate Hydrogen launches compact outdoor 10MW electrolyser system
Stargate Hydrogen, a European-born innovator in the field of green hydrogen production technologies, announced today the launch of two major new product families: The new products are designed to accelerate industrial decarbonisation via green hydrogen by providing compact, high-performance systems that allow customers such as refineries, chemical plants, and steel manufacturers to produce green hydrogen directly…
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Estonia Unveils Largest-Ever Investment Support Scheme for Hydrogen, Energy and Paper Projects
Estonia has announced the first three projects to receive funding under its largest-ever investment support measure, aimed at attracting large-scale industrial projects and strengthening energy security. The total value of the investments reaches almost €400 million, with the state contributing up to €44 million in support. Payments will be made only once investments are implemented. “A Historic Moment”…
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Lithuania, Poland, Estonia, and Latvia, initiate a €382 million project to fortify critical energy infrastructure.
In late September 2025, Lithuania, together with Poland, Estonia and Latvia, launched a €382 million coordinated effort to bolster the resilience of their power transmission infrastructure against aerial threats—especially drones. The plan is spearheaded by Lithuanian grid operator Litgrid and Poland’s PSE, with Lithuanian Energy Minister Žygimantas Vaičiūnas and Litgrid CEO Rokas Masiulis playing prominent roles in pitch…
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Eesti Energia to Consolidate Entire Electricity Business Under Subsidiary Enefit
Starting in 2026, Eesti Energia will consolidate all electricity-related business areas—including retail, renewable energy production, energy trading, and development—under its subsidiary Enefit. The move aims to strengthen the group’s competitiveness and improve management efficiency. The establishment of a strong electricity business entity is part of Eesti Energia’s broader initiative to optimize its corporate governance model.…
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INVL Private Equity Fund II signs agreement to acquire 75% stake in Estonia’s largest waste management group Eesti Keskkonnateenused
INVL Private Equity Fund II, the largest private equity fund in the Baltics and part of the Invalda INVL group, signed an agreement to acquire 75% stake in Eesti Keskkonnateenused (EKT), Estonia’s largest waste management group. The transaction is expected to be completed by the end of 2025. It is subject to approval by the…
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Elering Launches Procurement to Ensure Island Operation Capability
Estonian energy system operator Elering is launching a public procurement for electricity producers and storage operators capable of providing controllable capacity, to acquire a service to ensure island operation capability. The goal is to guarantee the independent functioning of Estonia’s electricity system in exceptional circumstances. The key requirement of the procurement is that the service…
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Baltic States TSOs to strengthen their resilience agains cyber and physical attacks.
After successfully coordinating the synchronisation of the Baltic States with the continental European network, the electricity transmission system operators of Estonia, Latvia, Lithuania and Poland are now planning on strengthening the resilience of their power systems against hybrid security threats. To this end, the operators have submitted an application for European Union funding to support…
