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annual report 2011 - Konkurentsiamet

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FIGURE 3. Electricity consumption in Estonia<br />

In <strong>2011</strong>, the total electricity consumption in Estonia decreased by 2.1% mainly due to the<br />

decrease in the electricity consumption of undertakings by 3.7%, while residential electricity<br />

consumption increased by 2.9%.<br />

The forecast for 2012 shows no significant changes as far as electricity consumption trends are<br />

concerned. More dramatic changes are to be expected in 2013, when the whole electricity market<br />

of Estonia will open, and forecasts expect the price of electricity to increase considerably.<br />

Pursuant to subsection 3 of section 73 of the Electricity Market Act, a network operator has the<br />

right to submit requests to the Competition Authority for approval of different network charges<br />

both collectively and separately. Pursuant to clause 8 of section 94 subsection 1 of the Electricity<br />

Market Act, the Competition Authority shall approve the network charges of a network operator<br />

except for transmission charges for the transit of electricity. The criteria taken by a network<br />

operator as the basis for establishing network charges must be transparent and in compliance<br />

with the principle of equal treatment and the necessity of ensuring security of supply and<br />

efficiency must be taken into account upon setting network charges. Pursuant to subsection 4 of<br />

section 72 of the Electricity Market Act, the Competition Authority has prepared and published<br />

the “Uniform methodology for the calculation of electricity network charges” (hereinafter the<br />

21

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