57%
of primary energy consumption from oil shale in 2020
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This analysis includes a comprehensive Estonia energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2020 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Highlights
57%
of primary energy consumption from oil shale in 2020
+31%
electricity imports since 2013
-70%
target in GHG emissions by 2030
Abstract
Institutions & Energy Policy
The Department of Energy of the Ministry of Economic Affairs and Communications is responsible for the energy policy.
The Estonian Competition Authority regulates the energy sector and reports to the Ministry of Economic Affairs and Communications.
Energy Companies
Oil:
Four main operators are involved in the supply, trading, and logistics of oil: Alexela, Vopak EOS, Scantrans (Ireland) and Eurodek (Denmark). Alexela operates two oil terminals: one in Paldiski with an oil storage capacity of about 358 000 m3 and one in Sillamäe with a storage capacity of about 506 000 m3. In 2019, Vopak sold its 1 mcm terminal in Tallinn to Liwathon.
Energy Supply
Gas:
Natural gas imports, which averaged 1 bcm between 2005 and 2008, fell until 2015 (471 mcm). Since then, gas imports have remained broadly stable at around 500 mcm (-8% to 447 mcm in 2020).
Energy Prices
Electricity:
Electricity prices have been increasing since 2017 (+1.7%/year for industry and +2.4%/year for households), but remained significantly below the EU average (by around 25% for industry and 35% for households). Prices more than doubled between 2000 and 2013 and then dipped until 2017; they have remained stable since 2017, with only a small dip in 2020.
Energy Consumption
Total energy consumption per capita is about 3.3 toe/cap (2020), i.e. 13% above the EU average. This is mainly due to the high share of oil shale, since it requires a significant amount of energy to be processed: in 2019, the fall in oil shale-fired power generation resulted in a 24% fall in the energy consumption per capita.
Issues & Prospects
Gas:
Eesti Gaas expects Estonia's gas consumption to decline through 2027, due to efficiency gains in district heating and buildings, and to biomass conversions in the power and heating sectors.
Below is a list of the Estonia energy market report graphs:
In the Estonia energy market report you will find the following tables:
The Estonia energy market data since 1990 and up to 2020 is included in the Excel file accompanying the Estonia country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The Estonia country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
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