Analytics, Ecology, Energy, Energy Market, Estonia
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Friday, 26.04.2024, 14:04
Elering pays out EUR 8.4 mln in renewable energy subsidy in October
In the first ten months of the year, the Estonian TSO paid
out a total of 67 mln euros in renewable energy support and
high-efficiency cogeneration support.
Fortum Eesti and Anne Soojus, Estonian holdings of Fortum Power and Heat OY energy group of
Finland, were the biggest recipients of renewable energy support in Estonia in
October, receiving altogether approximately 1.7 mln euros during the month.
Around the same amount of money went to the state-owned Enefit Green.
The Nelja Energia group
and Utilitas Tallinna Elektrijaam
both received approximately 1.5 mln euros and the wood pellet manufacturer Graanul Invest 972,000 euros.
Enefit Green AS is
renewable energy subsidiary of the Estonian state-owned energy group Eesti Energia.
Nelja Energia group,
whose acquisition by Enefit Green has
been suspended by an order of a court until at least Dec. 10 based on a request
from rival energy producer Skinest Energia, owns the companies VV Tuulepargid, Aseriaru Tuulepark, Hanila
Tuulepargid, Pakri Tuulepargid, Vinni Biogaas and Oisu Biogaas.
The recipients of the subsidy as part of the Graanul Invest group are the CHP
generating companies Imavere Energia,
Helme Energia and Osula Energia.
Altogether, Elering
paid out 77.7 mln euros in renewable energy support and high-efficiency
cogeneration support in 2017. Fortum
Eesti and Anne Soojus were the
biggest recipients of renewable energy support and high-efficiency cogeneration
support in Estonia in 2017, receiving altogether approximately 19.3 mln euros.
The next biggest recipients of subsidy were Enefit Green AS, which received 14.6 mln
euros, companies of Nelja Energia group,
which received 11.9 mln euros, and
Utilitas Tallinna Elektrijaam OU, which received 8.5 mln euros.
Renewable energy support and high-efficiency cogeneration
support are deemed state aid.