Eesti Energia generating assets increase output by half this summer
The Narva Power Plants of the state-owned Estonian energy group Eesti Energia produced 2,118 gigawatt-hours ofelectric energy during the three summer months of this year, a 710 GWh or 50 percent increase on the same period in 2015.
The increase in electricity output was a result of the combined effect of several factors, including as the cost of carbon emission credits, the application of the system of flexible taxation of the oil shale industry as well as favorable market situation, said Eesti Energia.
That the price of electricity this summer was higher than a year ago in the Nordic countries as well also had an upward effect on prices in Estonia, the company said.
During the summer months, the two large Eesti Energia power plants situated near the Northeastern border city of Narva worked in a relatively stable mode and with a stable workload, which are factors usually characteristic of the winter months instead. More than 750 GWh of electricity was exported to neighboring countries during this period.
"There were periods lasting several days when the output level was virtually the higest possible," said Tõnu Aas, CEO of Eesti Energia's power generating arm Enefit Energiatootmine. "The average load factor of generating units at the Narva Power Plants was 88.5 percent of the summer maximum load factor, the highest indicator for all of this year."
Estonia exported almost 0.8 terawatt-hours of electricity from June through August. Of this exported electricity, 60 GWh went to Finland while the remainder went to Latvia.
As of Monday morning, ten generating units were in operation at the Narva plants; one unit was undergoing scheduled maintenance.