Es­to­nia sees rise in green en­ergy in­vest­ments

The Baltic Times - - BALTICS - BNS/TBT Staff

Ac­cord­ing to data of the Es­to­nian Re­new­able En­ergy As­so­ci­a­tion, new re­new­able elec­tric­ity ca­pac­ity added last year to­taled 42.19 megawatts or ap­prox­i­mately as much as in three pre­ced­ing years com­bined, and in­vest­ments in re­new­able en­ergy amounted to 70 mil­lion eu­ros.

“The 2016 in­vest­ments and added ca­pac­i­ties are al­most as large as in three previous years com­bined. In­vest­ment readi­ness has been in­creased by the progress of the elec­tric­ity mar­ket bill,” head of the Re­new­able En­ergy As­so­ci­a­tion Rene Tam­mist said.

“While we are op­ti­mistic about the year 2017, the state’s pol­icy con­cern­ing re­new­able en­ergy in­vest­ments af­ter 2020 re­mains un­clear. Such un­cer­tainty is bound to af­fect in­vest­ment in the re­new­able en­ergy sec­tor in coming years, and be­cause of that, it is ex­tremely im­por­tant to have a le­gal frame­work fa­vor­ing the de­vel­op­ment of the sec­tor in place soon,” Tam­mist added.

Data of the trans­mis­sion sys­tem op­er­a­tor Eler­ing show that last year, 1,414 gi­gawatthours of elec­tric en­ergy was pro­duced from re­new­able sources, 6 per cent less than the year be­fore, and it ac­counted for 15.1 per cent of to­tal con­sump­tion.

Most re­new­able elec­tric en­ergy, 785 GWH in all, was pro­duced from biomass, bio­gas and waste. It made up 55.6 per cent of all elec­tric­ity pro­duced from re­new­able sources. The share of wind en­ergy was 41.7 per cent with pro­duc­tion to­tal­ing 589 GWH. Con­trary to the year 2015, the 600 GWH cap set for the amount of wind en­ergy eli­gi­ble for sub­si­diza­tion per year was not achieved in 2016.

Re­new­able elec­tric­ity ca­pac­ity added last year in­cludes the wood chip-fired Ima­vere co­gen­er­a­tion plant com­pleted in the sec­ond half of the year, whose heat ca­pac­ity is 29 megawatts, and elec­tric­ity gen­er­at­ing ca­pac­ity is 10 megawatts. The en­ergy group Util­i­tas launched the Vao II wood chip-fired co­gen­er­a­tion plant with a heat ca­pac­ity of 76.5 megawatts, and elec­tric en­ergy ca­pac­ity of 21.4 megawatts.

A new wind farm added 7.05 megawatts of wind en­ergy ca­pac­ity, bring­ing the to­tal wind en­ergy ca­pac­ity in­stalled in Es­to­nia to 309.96 MW. Added so­lar en­ergy ca­pac­ity was 3.74 MW. The to­tal so­lar panel ca­pac­ity is es­ti­mated to have reached 10 MW.

The cost of re­new­able en­ergy tech­nolo­gies, in par­tic­u­lar so­lar and wind en­ergy, has sig­nif­i­cantly fallen across the world, Tam­mist said.

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