TALLINN – Estonian Prime Minister Kaja Kallas wants the Ministry of Economic Affairs and Communications to prepare and present to the Cabinet by June 16 an analysis of scenarios and proposals on how to reduce the prices of energy carriers and/or prevent a sharp price increase in the coming autumn and winter.
"On Friday, May 13, I met with the electricity and gas sellers operating in the Estonian market.
Based on the discussion that we had, I see a risk that electricity and gas prices for consumers will rise to a much higher level in the coming heating season than they did last autumn and winter," Kallas says in a letter to Taavi Aas, the minister of economic affairs and infrastructure.
The prime minister believes that in order to alleviate the situation that is evolving, preventive steps should be taken already now, focusing on the preparation of possible measures to counter price increases for energy and the launch of appropriate public communication.
The analysis and proposals requested by the head of government should include price forecasts for energy carriers for the next 12 and 24 months; planning for each price forecast scenario of three to five risk offsetting or mitigating measures that would be feasible and have an immediate impact for up to three months from June and up to one year from June. The analysis must also take into account changes in energy prices for both household and large customers.
Kallas said she hopes that the ministry will come up with effective and well-thought-out measures to prevent a possible crisis arising from the increase in energy prices.