International Internet Magazine. Baltic States news & analytics
Saturday, 01.11.2014, 09:31
Estonian Government confirmed its plan to establish a nuclear power plant by 2023
The Energy Economy Development Plan and the Electricity Economy Development Plan set Estonia"s energy policy objectives until the year 2020 and 2018, respectively.
The Electricity Economy Development Plan foresees reconstructing production of electricity in Estonia within the next 10-15 years. To that end, combined production of heat and energy should be extended from the current 200 MW to 300 MW by the year 2014 and renovate two more blocks in the Narva Power Plants with the total capacity of up to 600 MW by end of 2015. The capacity of wind generators will also have to be enhanced to 900 MW together with necessary reserve capacities.
The development plan also sets a direction to establish a nuclear power plant in Estonia by the year 2023. The necessary legislative amendments need to be made by the year 2012.
The Energy Economy Development Plan foresees forceful decrease in oil shale energy in Estonia"s energy portfolio from the current share of 60 per cent to 30 per cent in consumption.
As natural gas supply stability has been raised on the agenda as well as the energy security from this, it is important to connect Estonia with the electricity and natural gas internal market in the rest of the European Union.