Eleringi tippjuht Sapp: kes maksab arve, kui kaablid katkevad?(1)

Elering and Fingrid plan to reduce the volume of the Finnish-Estonian electricity hedging market from 650 megawatts to 350 megawatts during the summer of 2024. This adjustment aims to restrict the influence of foreign speculators, retain consumer funds within Estonia, and distribute associated market risks more equitably among all parties. According to Elering’s estimates, the implementation of this fixed-package structure could result in an increase for residential consumers of up to 2.5%, equating to less than two euros per month.

Conversely, electricity suppliers argue that scaling back the volume of the soome–eesti electricity hedging market will consequently raise the cost of fixed-rate packages. They point out that currently, all Estonian consumers bear the risk associated with fixed packages, including those who utilize standard market-rate electricity. The industry representatives assert that this current arrangement is neither fair nor sustainable.

The core objective of the proposed change is to rectify this imbalance. The proposed reduction in hedging volume represents a significant shift in how electricity price risks are managed across the border between Soome and Eesti. While the utilities cite the need for greater stability and local risk management, consumer advocates emphasize the need for a system that protects all users from disproportionate cost burdens stemming from speculation.

The adjustment seeks to rebalance the financial structure supporting electricity supply in the region.

Topics: #eleringi #soome #eesti