Analytics, Energy, Energy Market, Estonia

The decline was most notable in the production from non-renewable fossil fuels, as production costs were affected by a price increase in carbon dioxide emission quotas, Elering said.

The amount of electricity consumed in Estonia grew 3 % on year in 2018 from 8.5 terawatt-hours to 8.7 terawatt-hours. A notable increase in electricity consumption was observed in February and March 2018, when the temperatures were lower than the  average of several years, as well as in the summer months.

The amount of electricity produced in Estonia in 2018 exceeded the amount consumed by 1.9 terawatt-hours.

The amount of energy produced from renewable sources grew 1% on year to 1.7 terawatt-hours, whereas energy produced from fossil fuels decreased by 7% to 8.9 terawatt-hours. The energy produced from renewable sources throughout the year made up 17.1% of the yearly consumption. 

Commercial import of electricity to Estonia from neighboring countries increased 51% in yearly comparison to 3.5 terawatt-hours. Estonia's total export of electricity grew 6% to 5.4 terawatt-hours. Transit of electric energy via the Estonian transmission system increased by 46% compared to 2017, totaling 3.2 terawatt-hours.

In Latvia the production of electricity totaled 6.5 terawatt-hours, 12% less than in 2017. Consumption rose 2% to 7.3 terawatt-hours. 88% of Latvia's consumption was covered by domestic production, the deficit amounted to 0.9 terawatt-hours.

The production of electricity in Lithuania grew by a third on year to 3.2 terawatt-hours as consumption was up 17% at 12.2 terawatt-hours. Lithuania ran a deficit of 8.9 terawatt hours in 2018 as domestic production only covered slightly over a quarter of the amount consumed.

The Baltic region as a whole produced 4% less electricity on year in 2018, with the amount generated totaling 20.3 terawatt-hours. The amount consumed increased 8% to 28.2 terawatt-hours. The Baltic region as a whole ran an electricity deficit of  7.9 terawatt-hours, or 28% of the total consumption, Elering said.

In the Nordic countries, the volume of electricity generated remained at the same as in 2017 at 397.5 terawatt-hours. Consumption grew 2 % to 393 terawatt-hours and the balance was in a surplus of 4.5 terawatt-hours.

The surplus, however, was smaller by 2.5 times in 2018, compared to the year before. Surpluses of 18.8 and 10.3 terawatt-hours were posted by Sweden and Norway, respectively. Finland and Denmark ran a deficit of 20 terawatt-hours and five terawatt-hours.