Liive: Eesti Energia ditched nuclear plant plans for shale oil ({{commentsTotal}})

The state-owned energy giant's plan to construct a nuclear power plant was abandoned for a number of reasons, but mainly to focus on shale oil production, which is more prosperous, says outgoing CEO Sandor Liive.

“Firstly, the whole nuclear plant project in Finland [Olkiluoto], which was supposed to be a great example for us, got sidetracked and is still not complete. The second reason is the catastrophe at the Fukushima plant, which made investing in nuclear power plants more expensive due to increased safety requirements. The third reason – our priority was to do it in Lithuania. That project is still alive, although (initially) it did not amount to anything,” Liive told ERR radio.

“The main reason is that we, Eesti Energia, have a better plan,” he said, adding that the focus now is to extract the maximum from oil shale rock.

For that oil shale rock will be turned into shale oil, and electricity will be produced from the byproduct.

“We have the opportunity to double the efficiency of the whole oil shale rock industry in the next 10 years and with half the environmental impact. That means energy independence, jobs and decent income for the owner - the state,” Liive said.

Siim Kallas.

Interview: Siim Kallas on ambitions, Estonian politics, and EU presidency

Following the local elections in October this year, Reform Party founder, former prime minister, EU commissioner, and presidential candidate Siim Kallas took on the job of municipal mayor of Viimsi, a community on the outskirts of Tallinn. In his interview with ERR's Toomas Sildam, Kallas talks about local government, his party, the EU presidency, and perspectives in Estonian politics.

ERR kasutab oma veebilehtedel http küpsiseid. Kasutame küpsiseid, et meelde jätta kasutajate eelistused meie sisu lehitsemisel ning kohandada ERRi veebilehti kasutaja huvidele vastavaks. Kolmandad osapooled, nagu sotsiaalmeedia veebilehed, võivad samuti lisada küpsiseid kasutaja brauserisse, kui meie lehtedele on manustatud sisu otse sotsiaalmeediast. Kui jätkate ilma oma lehitsemise seadeid muutmata, tähendab see, et nõustute kõikide ERRi internetilehekülgede küpsiste seadetega.
Hea lugeja, näeme et kasutate vanemat brauseri versiooni või vähelevinud brauserit.

Parema ja terviklikuma kasutajakogemuse tagamiseks soovitame alla laadida uusim versioon mõnest meie toetatud brauserist: