Eesti Energia Dramatically Increased Operating Profit From Renewable Energy and Electricity Sales

Eesti Rahvusringhääling

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Eesti Energia's renewable energy and electricity sales business line's operating profit before depreciation (EBITDA) grew by 90 percent year-on-year, while the operating profit of the non-renewable electricity generation line is negative, as it is unprofitable to produce oil shale electricity at current market prices. In the second quarter, the average electricity price in Estonia was lower than in Latvia and Lithuania due to limited transmissio…

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Aydem, a renewable energy producer based in Istanbul, announced that it has commissioned the final 6 MW turbine in the second phase of its capacity increase at the Uşak Wind Power Plant, bringing its total installed capacity to 1,216 MW.