Utilitas increased green energy production by 14% in the first quarter

The companies of the energy group Utilitas in Estonia and Latvia produced 673 GWh of green energy in the first quarter of 2024, which is 14% more than in the same period last year. The biggest contribution to growth was made by the modern Saarde wind farm built in Estonia last year, which produced 33,000 MWh of green electricity in the first quarter.

A total of 1.1 TWh of energy was produced in the first quarter, of which 920 GWh was heat and 186 GWh was electricity.

Utilitas started operations in Paide and Valka from 1 March 2024, in addition, from 1 June 2024, the network area of Keila Industrial Park will be merged with the network area of Utilitas Keila. The goal of connecting district heating network areas is a more sustainable, efficient, and stable district heating solution for all customers in the region through a scale effect.

“District heating is the most future-proof heating solution in densely populated areas. It already has a small carbon footprint today and will decrease even more in the coming years. At the same time, the price of district heating remained the most stable even during the energy crisis, and during this heating season we have been able to repeatedly lower the price of district heating,” said Priit Koit, CEO of the Utilitas Group.

In addition, Utilitas will continue to densify the district heating network in Tallinn and expand to new areas. In the coming years, the network will be extended, for example, on Ristiku Street and in the areas of Männiku and Kadriorg, which means that those who wish will have the opportunity to connect to efficient and more environmentally friendly district heating. Kredex will support the comprehensive reconstruction of apartment buildings and their connection to district heating with a total of 330 million euros in the coming years.

The area of buildings already consuming the Utilitas district cooling service or having signed a connection contract reached almost 400,000 m2 by the beginning of 2024, and 3.8 km of cooling network has been built. The goal in the coming years is to connect the city centre and Ülemiste City areas into a single cooling network.