What is the Estonian energy sector development plan?

The Estonian Energy Sector Development Plan aims to ensure that energy supply remains affordable and accessible to consumers, that environmental impacts are acceptable and that it aligns with the long-term energy and climate policies of the European Union.

Does Estonia have a power generation capacity?

The power generation capacity in Estonia is sufficient to cover Estonia's electricity needs in the event of a simultaneous failure of Estonia's largest power generation plant and the most powerful external connection.

What is the largest electricity generation plant in Estonia?

At the moment, the largest electricity generation plant in Estonia is the 300 MW Auvere energy block and the most powerful external connection is the 650 MW Estlink2. HHI is the Herfindahl-Hirschman Index, which varies between 0–10,000, and the highest value of which characterises the greater dependence of the gas market on one gas seller.

What percentage of Estonia's electricity is generated from oil shale?

In 2018, oil shale constituted approximately 80% of Estonia's electricity consumption. By 2021, this figure had declined to 49%, reflecting a significant decrease in oil shale utilization for electricity generation.

Does Bushveld Minerals support vanadium in the energy transition?

Bushveld Minerals has positioned itself to support vanadium’s role in the energy transition. Its vertical integration strategy combines primary vanadium mining, beneficiation, and downstream energy storage businesses to drive adoption of VRFBs.

How much energy does Estonia use?

Estonia's all-time peak consumption is 1591 MW (in 2021). In 2021 the electricity generated from renewable energy sources was 29.3 %, being 38% of the share of renewable energy in gross final energy consumption. Oil-based fuels, including oil shale and fuel oils, accounted for about 80% of domestic production in 2016.