Baltic-Nordic link planned
Estonian state-owned power company Eesti Energia has reached an agreement with a group of Scandinavian power companies to link the Baltic and Nordic power grids. The proposed link would be the first between the two regions and would allow Estonia to export power to the Nordic region.
The link would be in the form of a 200 MW submarine high voltage direct current (HVDC) cable and is expected to cost $100m. The connection will be built in cooperation with its foreign partners and commercial banks.
Construction is planned to start in spring 1999 after feasibility studies have been completed, and is expected to take 18 months. Exporting power to the Nordic region would allow Estonia to reduce dependence on Russia and generate revenue needed to finance improvements to its power sector.
Eesti Energia`s partners are ABB, Helsinki Energy, Finnish Pohjolan Voima Oy, and Graningeverkens AB.