annual report 2011 - Konkurentsiamet

2011 IN THE AREAS OF ENERGY AND WATER
REGULATION
In 2011, there were around 340 undertakings or network areas that were under regulation of the
Energy and Water Regulatory division of the Competition Authority. The amounts of the
generation and export of electricity showed an increase in volumes as a result of the actual
opening of the electricity market in 2010. The most significant proceedings of the year
concerning the pricing of network charges were related to the applications of AS Elering and
Eesti Energia Jaotusvõrk OÜ concerning network charges.
The Competition Authority exercised supervision over the facilities of AS Narva Elektrijaamad,
which showed that Estonia would be able to cover the forecast capacity until the year 2020,
taking into consideration the existing facilities and those that were being constructed. Compared
to the previous year, the consumption of natural gas decreased by 9.7% in 2011. The reason for
such a significant decrease in consumption lies in the increase of natural gas prices in recent
years. Small-scale heating undertakings, with fuel costs amounting to 70% or more in the
structure of their expenses, which had been under the regulation of local governments so far,
became particularly active in applying for the approval of heating limit prices due to the
significant increase in fuel prices, especially the changes in the prices of natural gas and shale oil.
Electricity market
The amounts of the generation and export of electricity in 2011 showed that the trends resulting
from the actual opening of the electricity market in 2010 continued, which is demonstrated by
Figure 2 (source: Statistics Estonia).
19