Prime Minister Juri Ratas (Center) met with Vice-President of the European Commission Maros Sefcovic to discuss energy infrastructure projects, the Clean Energy package and other energy sector-related matters.
Ratas and Sefcovic opened the meeting by discussing the synchronization of Baltic power systems with Poland and Europe.
“The synchronization of Baltic power systems needs to meet three objectives – guarantee a high security and independence of electricity supply, secure the functioning of the electricity market, and ensure the lowest expenses for the consumer,” Ratas said according to government spokespeople. “As this project is of great importance for energy security as well, the decisions made must be based on thorough research.”
The issue of the regional LNG terminal was likewise touched upon during the meeting.
“From the beginning of the process, we have held the view that a regional LNG terminal should be established based on market logic,” said the prime minister. “The solution should be cost-efficient and sustainable in the long run. The LNG terminal project will affect all three Baltic countries, which is why it is important to determine a suitable solution together.”
On the subject of the Clean Energy package, Ratas thanked the European Commission for smooth and successful cooperation.
“The procedure of the Clean Energy package is advancing well and we hope to reach agreements concerning several issues by the end of the year,” noted the Estonian head of government. “This is a complex and multifaceted question, for which we, as a presiding country, must find a functional compromise for all member states.” (ERR/Business World Magazine)