Estonian Pulp Mill Stops Production Because of Energy Prices
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AS Estonian Cell pulp mill has temporarily stopped production over record high energy prices and asked the Estonian government to alleviate the situation by bringing down energy prices for energy-intensive industry.
The company had to stop the operation of its pulp mill after unexpected power and gas price hikes impacted competitive ability. Regardless of partially fixed-price contracts, the firm spent EUR 1.5 million more than usual on power and gas in November. The Estonian Cell has estimated that it has paid an extra EUR 5 million for energy resources in recent months.
The head of Estonian Cell Siiri Lahe has sent a letter to the prime minister Kaja Kallas asking the government to alleviate the situation by bringing down energy prices for energy-intensive industry. As possible solutions Lahe pointed to lowering the power transmission fee, the excise duty on electricity and the renewable energy fee.
