Recently, public interest has been steadily drawn towards the energy sector in Estonia due to implementation of EU directives in domestic legislation as well as high-volume investment and development by foreign investors and local energy enterprises. International companies have been taking advantage of opportunities in the open power market and growing renewable energy sector, while technology renovation tenders are welcoming new entrepreneurs to the market. The national action plan foresees further progress, with expansion in the importance and capacity of the renewable energy sector increasing up to ten times during upcoming years.
The local heating sector includes importation of natural gas, and coal, along with use of firewood and other natural resources, such as oil shale as well as finding new alternative sources such as land source and air pump devices for heat generation. Our experience covers legal assistance to power and heating companies operating in different generating sectors and developing new engineering solutions for more effective and cost-saving production lines.
Some of our recent assignments include:
representing Paldiski Tuulepark in concluding an EPC contract with GE Energy for erection of nine wind turbines with aggregate capacity of 22.5 MW;
advising Freenergy in a transaction where EBRD acquired a 35 per cent of shareholding in the company. The aim of the investment was to support further wind park projects pending in Freenergy’s portfolio in all three Baltic States;
counselling a consortium of Scandinavian energy corporations and local energy renewables on the Hiiumaa offshore windpark development project, with a capacity of 600-1000 MW. Our assignment included conducting a compliance analysis, drafting relevant legislation proposals for establishing an exclusive wind park, negotiating with government organisations, and preparing permit applications;
participating in drafting legislation for regulating different aspects of energy generation;
advising Austrian capital-based company Estonian Cell producing aspen pulp on construction of heat a heat and power plant fed on leftovers of aspen pulp manufacture to produce renewable energy;
advising a hydro accumulation power plant on R&D and management of related activities.
Energy
Recently, public interest has been steadily drawn towards the energy sector in Estonia due to implementation of EU directives in domestic legislation as well as high-volume investment and development by foreign investors and local energy enterprises. International companies have been taking advantage of opportunities in the open power market and growing renewable energy sector, while technology renovation tenders are welcoming new entrepreneurs to the market. The national action plan foresees further progress, with expansion in the importance and capacity of the renewable energy sector increasing up to ten times during upcoming years.
The local heating sector includes importation of natural gas, and coal, along with use of firewood and other natural resources, such as oil shale as well as finding new alternative sources such as land source and air pump devices for heat generation. Our experience covers legal assistance to power and heating companies operating in different generating sectors and developing new engineering solutions for more effective and cost-saving production lines.
Some of our recent assignments include:
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Your contact: Aivar Taro