Feb 26 • 12:03 UTC 🇪🇪 Estonia ERR

Tarmo Tamm: In energy, the question is not whether to invest, but how

Tarmo Tamm discusses the critical need for controlled electrical pricing through the development of adjustable energy capacities in Estonia.

Tarmo Tamm emphasizes the importance of investing in flexible energy capacities to manage electricity prices effectively, especially during the winter months. He points out that to keep the average price around 80 euros per megawatt-hour, there must be a balance between energy consumption and production, which becomes increasingly complex. As consumption levels fluctuate between 10.6 TWh and peak demands of 1600 MW to low nighttime usage of 500 MW, matching production with these demands is vital for stability.

Tamm also highlights the challenges that arise with fluctuating energy production alongside consumption levels. The situation is compounded by the complexities of maintaining connectivity with neighboring countries through energy cables, which can become a delicate balance between energy input and output. He stresses that the current approach - previously focused mainly on consumption fluctuations - must adapt to also account for production variances to keep electricity supply steady.

Ultimately, Tamm advocates for establishing a knowledgeable agency comprised of energy experts and economists rather than relying solely on politicians to make decisions about energy production and investment strategies. This agency would be tasked with guiding the search for optimal energy capacity compositions, prioritizing the state's long-term interests and sustainable energy practices as critical considerations in Estonia's energy sector development.

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