The Estonian government has decided to redirect EUR 39 million from the EU’s Recovery and Resilience Facility to the construction of the Ulemiste terminal and Rapla-Lelle railway section of Rail Baltica.
As it is not possible to use all the funds provided by the EU’s Recovery and Resilience Facility until next spring’s deadline, the Estonian government has taken the decision to redirect a proportion of the money.
The government has thus decided to allocate EUR 39 million from the funds to the reconstruction of the Rapla-Lelle railway section and construction of Rail Baltica’s Ulemiste terminal.
The total amount of the Recovery and Resilience Facility allocated for Estonia is EUR 953 million, of which EUR 627 million has been received to date.
One change also concerns energy produced from oil shale.
Previously, the financing conditions required Estonia to adopt an energy development plan stating that it would phase out electricity production from oil shale until 2035 and all oil shale oil production until 2040. However, under the new conditions, Estonia will be granted an exemption from 2035 onwards, allowing it to retain its strategic oil shale electricity production capacities. The exemption means that Estonia has to stop producing energy from oil shale oil until 2040. (ERR)