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Electricity price in Estonia steady despite Estlink 2 cable malfunction

Staff writer |
The cable malfunction that emerged in July 2015 on the Finnish side of the Estlink 2 Estonian-Finnish undersea electricity link has not pushed the price of electricity up in Estonia.

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Since July, due to cable heating, the work of the Estlink 2 connection is partially reduced, which is why 100 MW of capacity isn’t achievable on the Estonia-Finland and Finland-Estonia directions. The dates when the malfunction is to be eliminated have been constantly postponed.

Partial problems with the work of the Estlink 2 should last till mid-October. In the past, it has been said that the smaller capacity might increase the price of electricity in Estonia when the power consumption increases.

"Estonian and Finnish prices have in September differed in only in four hours out of 528 hours, so we can say that the Estlink 2 restriction has not affected the prices in essence," said Elering Communications Specialist Kätlin Klemmer.

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