People in Estonia have begun to consciously manage their electricity consumption during periods of high prices. This has helped reduce costs and better balance energy supply and demand. However, the potential for managing electricity consumption in Estonia is double that which is currently being seen, and its full implementation would require the amendment of legislation.
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There are nearly 10,000 households in Estonia that both consume electricity from the distribution grid and produce electricity for the distribution grid. The calculations of the Foresight Centre indicate that on 130 days a year on average, the amount of energy supplied to the grid by households is greater than the amount of energy taken from the grid. In the case of prosumers who are legal entities, the amount of energy supplied to the distribution grid is greater than the amount consumed 96 days a year.
According to forecasts, the amount of electricity produced in households will triple by 2035, which on the one hand increases the energy independence of Estonian households and reduces the environmental impact of electricity production, but on the other hand increases the need for controlled production capacities and transnational connections, states the Foresight Centre in its short report ‘Electricity Producing Households in Estonia’.
Households that join together in a cooperative to produce electricity will be able to cover a significant part of their own electricity consumption in the future, reducing the costs for households and increasing security of supply says the new report from the Foresight Centre on the outlook for energy cooperatives in Estonia.