Enefit Green Production Data - March and 1Q 2023

Source: www.gulfoilandgas.com 4/12/2023, Location: Europe

Enefit Green produced 145.8 GWh electricity during March 2023 or 69.2% more than in the same period last year. The result was mainly driven by 92.6% growth in wind energy production, supported by better wind conditions as well as production from new wind farms under construction in Lithuania and Estonia During March 2023 the average recorded wind speed was 6.6 m/s and 7.1 m/s in Estonian and Lithuanian wind farms respectively (compared to average recorded wind speeds of 5.9 m/s and 5.4 m/s respectively in March 2022). The production volume of new wind farms under construction (Akmene, Šilale II and Purtse) reached 25.4 GWh.

Total electricity production in first quarter increased by 10.3% to 405.7 GWh. As wind conditions both in January and February (unlike in March) were weaker than a year ago, 1Q 2033 wind energy production growth (+37.8 GWh) compared to last year was entirely explained by the added volume from new wind farms under construction.

1Q 2023 electricity and heat energy production volumes of the cogeneration segment remained stable compared to 1Q 2022 (growing by 0.3% and 1.5% y-o-y respectively).

Pellet production increased by 1.9% y-o-y to 38.5 thousand tonnes in 1Q 2022.


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