Estlink
Estlink is a set of HVDC submarine power cables between Estonia and Finland. Estlink 1 was the first interconnection between the Baltic and Nordic electricity markets followed by Estlink 2 in 2014. The main purpose of the Estlink connection is to secure power supply in both regions to integrate the Baltic and Nordic energy markets. Estlink 1 History First plans for a submarine power cable between the Baltic and the Nordic regions were proposed in 1990s. Negotiations between Eesti Energia, Pohjolan Voima, Helsingin Energia, Graninge (now E.ON Sverige), Latvenergo, Statkraft and TXE Nordic Energy, a subsidiary of TXU (now Energy Future Holdings Corporation) started In 1999, and on 9 October 2001 a contract was signed in Tallinn. However, only after the harsh winter of 2002–2003 which resulted in an increased demand for power, the project of the submarine cable between Estonia and Finland got a boost. The letter of intention for underwater sea cable was signed between ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Elering
Elering AS (former name: OÜ Põhivõrk) is a national transmission system operator for electricity and natural gas with headquarters in Tallinn, Estonia. The managing director of Elering is Taavi Veskimägi. History Elering was established on 1 November 1998 under the name of Põhivõrk as an operating unit of the Estonian national power company Eesti Energia. On 1 April 2004, it became a private limited company, OÜ Põhivõrk, as a subsidiary of Eesti Energia. On 10 June 2009, the company changed its name to Elering. To implement the EU 3rd energy package, the Government of Estonia decided on 28 August 2009 to go for an ownership unbundling and to buy out Elering from Eesti Energia. The transaction was concluded on 28 January 2010. On 2 February 2010, Elering signed an agreement with Nord Pool Spot to create the Nord Pool Spot Estlink price area, starting from 1 April 2010. On 25 February 2011, Elering was transformed to a public limited company, AS Elering. In ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Püssi
Püssi ( ; ; ) is a town in Lüganuse Parish, Ida-Viru County, Estonia, with a population of 917 . It is located near the road between Tallinn and St. Petersburg. History Following the end of the Soviet Union's 47-year occupation of Estonia, Püssi saw a sharp economic downturn and a population exodus. In 1989, the population of Püssi stood at 2,400 people, and 20 years later, in 2009, was only 1,809. The population has continued to decrease and by 2012 stood at 1,783 people. In October 2013, Püssi along with Maidla Parish were merged into Lüganuse Parish, and therefore ceased to exist as separate municipalities. Economy By 2002 Püssi had accumulated 20 million kroons of debt, the equivalent to 1.3 million euros; and property values had become so low that apartments were valued around zero. Since then, the city's economy has begun to recover. Püssi has planned the construction of an industrial park. The Chairman of the town council, in an interview with '' The Baltic Ti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nord Pool Spot
Nord Pool AS is a pan-European power exchange. Nord Pool has its main office in Oslo and further offices in Stockholm, Helsinki, Tallinn and London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester .... The company is owned by the European exchange operator Euronext as well as TSO Holding, which represents the continental Nordic countries, Nordic and Baltic countries, Baltic countries' transmission system operators (TSOs: Fingrid, Energinet, Statnett, Svenska Kraftnät, and Litgrid). Nord Pool has two subsidiaries, Nord Pool AB and Nord Pool Finland Oy. History 1932–1991: Norwegian origins Nord Pool traces its origin to ' (lit. the ''Coordination Association''), a Electricity market, power exchange formed by Eastern Norway, eastern Norwegian electricity companies in 1932 on the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Baltic States
The Baltic states or the Baltic countries is a geopolitical term encompassing Estonia, Latvia, and Lithuania. All three countries are members of NATO, the European Union, the Eurozone, and the OECD. The three sovereign states on the eastern coast of the Baltic Sea are sometimes referred to as the "Baltic nations", less often and in historical circumstances also as the "Baltic republics", the "Baltic lands", or simply the Baltics. The term "Balticum" is sometimes used to describe the region comprising the three states; see e.g All three Baltic countries are classified as World Bank high-income economy, high-income economies by the World Bank and maintain a very high Human Development Index. The three governments engage in intergovernmental and parliamentary cooperation. There is also frequent cooperation in foreign and security policy, defence, energy, and transportation. Etymology The term ''Baltic'' stems from the name of the Baltic Sea – a hydronym dating back to at least ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Submarine Power Cable
A submarine power cable is a transmission cable for carrying electric power below the surface of the water.Underwater Cable an Alternative to Electrical Towers Matthew L. Wald, '''', 2010-03-16, accessed 2010-03-18. These are called "submarine" because they usually carry electric power beneath salt water (arms of the , s, [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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CS Sovereign
''C.S. Sovereign'' is a class DP2 type cable ship used for subsea cable installation and repair works. The ship was designed by BT Marine with Hart Fenton & Company as Naval Architects (now Houlder Ltd) and built by Van der Giessen de Noord in 1991. ''C.S. Sovereign'' has four cable tanks. Two main tanks each have a capacity of or 2,668 tonnes. Two wing tanks have a capacity of or 432 tonnes each. The vessel is equipped with two hydraulic powered drums in diameter and four wheel pair haul-off gears. Main cable works * 1992 – SAT-2 (CS ''Vercors'' laid the cable from Melkbosstrand to the first branching unit; ''C.S. Sovereign'' laid the remainder) * 1995–1996 – TAT-12/13 * 1999 – ESAT 2 ( Ainsdale Sands, England – Dublin, Ireland) * 2006 – Estlink (power cable) * 2008 – BT LIBERTY (Guernsey–England) * 2008 – NORTHERN LIGHTS (Dunnet Bay, Scotland – Skaill, Orkney Islands) * 2009 – HANNIBAL (Kelibia, Tunisia – Mazara del Vallo, Italy) * 2 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Submarine Power Cable
A submarine power cable is a transmission cable for carrying electric power below the surface of the water.Underwater Cable an Alternative to Electrical Towers Matthew L. Wald, '''', 2010-03-16, accessed 2010-03-18. These are called "submarine" because they usually carry electric power beneath salt water (arms of the , s, [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Energy Future Holdings Corporation
Energy Future Holdings Corporation was an electric utility company headquartered in Energy Plaza in Downtown Dallas, Texas, United States. The majority of the company's power generation was through coal and nuclear power plants. From 1998 to 2007, the company was known as TXU Corporation until its $45 billion leveraged buyout by Kohlberg Kravis Roberts, TPG Capital and Goldman Sachs Capital Partners. That purchase was the largest leveraged buyout in history. As of 2019, TXU Energy is a subsidiary of publicly traded Vistra Energy. , the company has been described as "struggling" which resulted in the April 29, 2014 filing for bankruptcy protection under Title 11 of the United States Bankruptcy Code. On July 7, 2017, the company announced its Oncor transmission business would be acquired by Berkshire Hathaway for $9 billion but Sempra Energy's higher $9.45 billion bid was eventually accepted instead on August 21, 2017. History The company traces its history to the beginnings ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Latvenergo
Latvenergo is a state-owned electric utility company in Latvia. Latvenergo Group provides energy supply services in the Baltics. Overview The Group comprises the parent company Latvenergo AS, with decisive influence, and five subsidiaries. Latvenergo AS ensures generation and trade of electricity and thermal energy as well as trade of natural gas. Sadales tīkls AS ensures electricity distribution to each customer. Elektrum Eesti OÜ and Elektrum Lietuva UAB conduct electricity trade in Estonia and Lithuania respectively. Enerģijas publiskais tirgotājs AS carries out administration of electricity mandatory procurement. Latvenergo has four hydroelectric power plants: Pļaviņu HES, Rīgas HES, Ķeguma HES and Aiviekstes HES, with total installed capacity of 1535 MW, two combined heat and power plants with total electrical capacity of 474 MW and heat capacity of 1525 MW and a wind farm near Ainaži with installed capacity of 1.2 MW. History The company traces its ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Statkraft
Statkraft AS is a hydropower Hydropower (from Ancient Greek -, "water"), also known as water power or water energy, is the use of falling or fast-running water to Electricity generation, produce electricity or to power machines. This is achieved by energy transformation, ... company, fully owned by the Norwegian state. The Statkraft Group is Europe's largest generator of renewable energy, as well as Norway’s largest and the Nordic region's third largest energy producer. Statkraft develops and generates hydropower, wind power, gas power, district heating and solar power. It is also a player in the international energy markets. The company has 7,000 employees in over 20 countries with their headquarters located in Oslo, Oslo, Norway. History The Norwegian state acquired its first ownership rights to a waterfall when they bought Paulenfossen in Southern Norway in 1895. In 1921, the Norwegian Water Resources and Energy Directorate (NVE) was created to operate the nation's ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Estonia
Estonia, officially the Republic of Estonia, is a country in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the Baltic Sea across from Sweden, to the south by Latvia, and to the east by Russia. The territory of Estonia consists of the mainland, the larger islands of Saaremaa and Hiiumaa, and over 2,300 other islands and islets on the east coast of the Baltic Sea. Its capital Tallinn and Tartu are the two largest List of cities and towns in Estonia, urban areas. The Estonian language is the official language and the first language of the Estonians, majority of its population of nearly 1.4 million. Estonia is one of the least populous members of the European Union and NATO. Present-day Estonia has been inhabited since at least 9,000 BC. The Ancient Estonia#Early Middle Ages, medieval indigenous population of Estonia was one of the last pagan civilisations in Europe to adopt Christianity following the Northern Crusades in the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Baltic Times
''The Baltic Times'' is an independent monthly newspaper that covers the latest political, economic, business, and cultural events in Estonia, Latvia and Lithuania. History The paper was formed from a merger in 1996 of the ''Baltic Independent'' and ''Baltic Observer''. With offices in Tallinn and Vilnius and its headquarters in Riga, ''The Baltic Times'' remains the only English language print and online newspaper covering all three Baltic states The Baltic states or the Baltic countries is a geopolitical term encompassing Estonia, Latvia, and Lithuania. All three countries are members of NATO, the European Union, the Eurozone, and the OECD. The three sovereign states on the eastern co .... Between 1996 and 2012 ''The Baltic Times'' was published weekly and then, until September 2013, twice a month. References External links Official WebsiteLibrary of Congress Newspapers published in Estonia Newspapers published in Latvia Newspapers published in Lithuania Newsp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |