Over the last few years, Estonia has become a major importer of electricity, meaning that we consume much more electricity than we produce. The demand for environmentally friendly electricity is growing as many old technologies are replaced by electricity-based solutions.
This means that Estonia urgently needs to increase the production of domestic renewable energy, and wind energy is the cheapest and most accessible way to generate green electricity on a large scale.
The Gulf of Riga Offshore Wind Farm could be the cornerstone of Estonia's green transition and climate goals. The output of the farm will cover almost half of Estonia's electricity needs and thus makes a great contribution to Estonia's energy security and to making electricity prices more affordable for consumers. In addition, an offshore wind farm will enable wider adoption of storage and hydrogen technologies.