Elering pays out €8 million in July renewable energy subsidy
Grid distributor Elering paid out €8 million in renewable energy support and high-efficiency cogeneration support in July to several generators and other companies.
Enefit Green, renewable energy subsidiary of state-owned Eesti Energia group, received €440,900, and its subsidiary Enefit Wind got over €1.7 million in renewable energy subsidies over the month of July.
Elering paid Utilitas Tallinna Elektrijaam was €1.56 million.
Combined heat and power (CHP) generating companies Imavere Energia, Helme Energia and Osula Energia, of the Graanul Invest group, together received €838,300 in renewable energy support through the month.
Fortum Eesti, the holding company of Fortum Power, and Finnish energy group Heat OY received €801,000.
Renewable energy support and high-efficiency cogeneration support are classified as state aid.
Other major recipients of the subsidy included the Tooma, Tapa, Tamsalu, Someru, Saku, Rakvere, Puurmani, Pajusti, Kardla, Kuusalu, Kuivajoe, Kajamaa and Anija subsidiaries of regional solar power parks developer Footonvolt, which received €237,700 in subsidies in total.
In doling out renewable energy subsidies, Elering acts as a middle man, BNS reports, collecting renewable energy fees from consumers via network companies and paying this as subsidy to electricity plants producing electricity from renewable sources.
The 2018 renewable energy charge was €0.89 per KwH, rising to €1.04 per KwH for 2019.
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Editor: Andrew Whyte