Energy, Estonia

International Internet Magazine. Baltic States news & analytics Sunday, 01.11.2020, 02:40

Eesti Energia's market share decreased slowly in February

BC, Tallinn, 21.03.2013.Print version
The market share of Estonia's state-owned electricity production giant Eesti Energia was 72.5% at the end of February 2013 regarding sales volumes versus 72.9% a month earlier, LETA/Public Broadcasting reports.

Since Eesti Energia was a monopoly before the full opening of the electricity market to competition at the beginning of this year, the company's market share is likely to keep falling for quite some time.

 

Latvenergo, which uses the name Elektrum in Estonia, had the second-biggest market share, 10.8% (10.6% in January), electricity system administrator Elering's data indicate.

 

Smaller electricity sellers, like Imatra, 220 Energia and Elektrimüügi AS had 1-2% market share each and most managed to increase the market share somewhat in a month.

 

Electricity sold on the basis of contracts with electricity sellers formed 84% of all consumed electricity. The rest was general service. These are consumers that did not conclude a contract and continue buying electricity from the market via their current provider as a universal service, that is said to be more expensive than other options.






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