Estonian President About BelNPP: I Doubt Someone Would Be Ready To Pay So Much

It is difficult to imagine the electricity trade with Belarus.

Estonian President Kersti Kaljulaid expressed doubts that her country will buy electricity from the Belarusian nuclear power plant in the future. According to Ms Kaljulaid, it is difficult to imagine the trade until significant investments are made in infrastructure. First of all, it is the construction of direct current links at the power lines.

"We do not know whether such trade will become a business case here, as the European Union has decided to achieve climate neutrality by 2050. This means that there will be significant taxes on electricity at the border of the European Union, otherwise there will be no opportunity for the "green" technologies to develop, - Kersti Kaljulaid says, answering the question of Euroradio. - Therefore, I doubt very much that someone will be ready to pay for the direct current links at any of these lines between the Baltic States and the Belarusian energy system, pursuing market objectives."

Kersti Kaljulaid stresses that the place where Estonians buy electricity "is not a political decision, not a decision of the government. "There is a free electricity market in Estonia, and we buy it at the Nord Pool energy exchange. Everyone who is admitted to the Nord Pool exchange as an electricity seller can sell electricity to us. We accept the prices of the Nord Pool exchange, and our companies are free to trade as they think fit," - the President adds.