Electricity sector in Estonia Latvia and Lithuania in the south. Electricity is traded on the Nordic power market Nord Pool. In 2014-2016, yearly net imports from Finland were equal to 31-67% of consumption. Meanwhile, yearly new exports to Latvia were equal to 57-84% of consumption. Some years there are also exports to Russia. Between Estonia and Finland there are the submarine Estlink cables. Electricity sector in Estonia The electricity sector in Estonia is connected to Finland, Russia and the other Baltic countries. It is one of the dirtiest in the EU in terms of CO emissions, as oil-based fuels account for about 80% of
Economy of Estonia promising in Europe. In 2011, the real GDP growth in Estonia was 8.0%, and according to the projections made by the CEPII, by 2025 the GDP per capita could rise to the level of Nordic economies of Sweden, Finland, Denmark, and Norway. According to the same projections, by 2050, Estonia could become the most productive country in the EU, after Luxembourg, and thus join the top five most productive nations in the world. Until the early 13th century, the territory that is now known as Estonia was independent. The economy was largely an agricultural one, but Estonia being a country