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Enefit Power CEO: Finland’s actions weaken regional electricity supply | News

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One of the main reasons why the security of electricity supply in the region has deteriorated and prices have increased in the past two years since the EU energy policy changed in the wake of the Russian invasion is Finland’s insecurity on energy issues. “This is the right decision,” said Enefit Power CEO Andres Vainola. he said on Tuesday.

“Unfortunately, our situation is getting worse, and above all when we think about Finland,” Vajnola said on Tuesday morning’s Vikeradio program “Vikehomic.” “Finland bet too much on Olkiluoto for the third time” [Nuclear Power Plant] reactor. That is why these coal-fired power plants were not maintained or repaired, and why Finland’s more controllable production capacity was withdrawn from the market before new capacity could enter the market. ”

The situation is much the same in the Baltic states, according to the head of Estonia’s state-owned Estee Energia subsidiary.

“That’s why things aren’t getting better. [than two years ago]“The situation is actually getting worse,” he admitted.

He stressed that the company is doing its best to inform consumers and the Ministry of Finance, the company’s sole shareholder, of the situation.

“Goodbye, we are currently working with the Ministry of Finance on building additional controllable production capacity on the Baltic Power Plant site within the next three to five years, based on new natural gas, which can also be operated on biogas.” “We’re negotiating, like hydrogen,” Vainola said. “The need is huge. Cold weather like this, peak consumption and energy shortages like this even in Finland only confirm that this is needed, needs to be achieved and needs to be achieved in the near future. .”

The Enefit Power executive also said that the burning of oil shale for power generation will end anyway, but since oil shale is also increasingly used in the chemical industry, that would mean the end of oil shale mining. Do not mean.

He said the state-of-the-art oil shale-fired plant in Auvers has been in operation since December 7, and the company plans to further improve the plant, which has been frequently shut down due to breakdowns, to be at least 90% operational. He said he is aiming for at the time.

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