Energy Reports

Estonia energy report

Estonia energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Estonia energy market data.

Estonia energy report
Update: April, 2019
Format: 2 files (PDF report, Excel file)
Pages: 37 (Report only)
Delivery: Immediate by e-mail


Estonia energy market report offers an incisive and reliable overview of the energy sector in Estonia. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2017 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.

  • 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.

    The energy policy focuses on the diversification of the energy supply, the implementation of standards regarding energy equipment, ...

  • Energy Companies


    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. Vopak EOS is a joint venture between Royal Vopak (the Netherlands, 50%) and Global ...

  • Energy Supply


    Estonia has very few conventional resources. However, the country does have important reserves of oil shale (around 50 years), peat and wood.

  • Energy Prices


    Electricity prices, which more than doubled between 2000 and 2013, have dipped since then, by 3%/year for industrial consumers and by 3.6%/year for households until 2017, when they started to rise again. They remain significantly below the EU average (-20% for industry and -39% for households in 2018). Taxes accounted for 23% of residential prices (16% for industry) as of 2017.

    In ...

  • Energy Consumption

    Total energy consumption per capita is about 4.3 toe/cap (2017), i.e. 36% above the EU average, and twice that of other Baltic States. This is mainly due to the high share of oil shale, since it requires a significant amount of energy to be processed. Electricity consumption is in line with the EU average (5 500 kWh) and exceeds that of the other Baltic States by more than 70%.

    Graph: ...

  • Issues & Prospects

Download the Table of Contents

In the Estonia market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2017, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2017, %)
  • GRAPH 5: Gasoline & diesel prices (€/l)
  • GRAPH 6: Electricity prices for industry and households (€c/kWh)
  • GRAPH 7: Gas prices for industry and households (€c/kWh GCV)
  • GRAPH 8: Consumption trends by energy source (Mtoe)
  • GRAPH 9: Total consumption market share by energy (2017, %)
  • GRAPH 10: Final consumption market share by sector (2017 %)
  • GRAPH 11: Oil consumption (Mt)
  • GRAPH 12: Oil consumption breakdown by sector (2017, %)
  • GRAPH 13: Electricity consumption (TWh)
  • GRAPH 14: Electricity consumption breakdown by sector (2017,%)
  • GRAPH 15: Natural gas consumption (bcm)
  • GRAPH 16: Gas consumption breakdown by sector (2017, %)
  • GRAPH 17: Oil shale consumption (Mt)
  • GRAPH 18: Oil shale consumption breakdown by sector (2017, %)

In the Estonia market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, Gas plant projects by status and operator and LNG contracts.

The Estonia market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2017 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Estonia Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Estonia energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

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