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NEWS RELEASE
June, 4th, 2007

Border tariffs are abolished from electricity trade between Finland and Estonia

Border tariffs are abolished from electricity trade between Finland and Estonia. Estonia joins an European mechanism, which compensates transit costs caused by power transmission between countries. As a consequence Fingrid, the Finnish transmission operator has removed the fees on imports and exports over Estlink cable as of June 1st.

The Estonian TSO Põhivõrk joined today the transit compensation mechanism of European TSO association ETSO. The purpose of the system is to compensate costs for those TSOs which are hosting transits through their network. The operators pay to a joint fund and receive remuneration from it according to what extent the countries cause transit to each other.Kari Kautinen

www.fingrid.fi


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