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Parts hopes that before the end of 2009 there will be investments made in Baltic energy link
Juhan Tere, BC, Tallinn, 09.12.2008.
Print version
Print versionMinister of economic affairs and communications of Estonia Juhan Parts stated that he hopes that before the end of the year 2009 concrete investments can be talked about in terms of connecting Baltic States into the common European energy network, writes Äripäev.ee/LETA.
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| Juhan Parts. |
Parts explained that current plans foresee connecting Baltic States’ transmission grid to the European networks among six important infrastructure projects.
He noted that establishing links will significantly improve greater efficiency on electricity markets and developing electricity and gas markets in Estonia in order to ensure efficiency of small electricity markets and avoid market manipulations.
The Baltic Interconnection Plan is involved in the European Union Energy Security and Solidarity Plan’s action plan for the first time.
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