Eesti Energia receives largest renewable subsidy in November

An Eesti Energia-owned wind farm in the Narva area in Ida-Viru County. (Peeter Langovits/Postimees/Scanpix)
12/16/2016 5:06 PM
Source: BNS
Category: Business

State-owned energy group Eesti Energia received 1.7 million euros in renewable energy subsidies in November, more than any other energy-generating party in Estonia, figures released by transmission system operator Elering show.

Elering disbursed 6.2 million euros in renewable energy subsidies and 449,743 euros in high efficiency cogeneration support last month. Renewable energy subsidies paid out during the first 11 months of the year totaled 56.1 million euros, while support for high efficiency cogeneration totaled slightly more than four million euros.

Eesti Energia AS received 1.2 million euros and the energy group's wind energy company Eesti Energia Aulepa Tuuleelektrijaam 457,638 euros in November. Companies belonging to the group were paid subsidies totaling 12.9 million euros in 11 months.

Companies belonging to Fortum Group, Anne Soojus and Fortum Eesti, received 796,114 and 831,125 euros, respectively, in November; they have received a total of 15.9 million euros in subsidies so far this year.

Nelja Energia-owned wind farms were paid 1.4 million euros last month and 11.8 million euros over the first 11 months of the year.

Tallinna Elektrijaam received 762,988 euros last month, which brought their total subsidies over the past 11 months to 7.5 million euros.

Editor: Aili Vahtla

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