Core Insights - Elering AS has completed a public procurement for electricity reserve capability in Estonia, awarding the contract to Enefit Power OÜ, a subsidiary of Eesti Energia Group, for a maximum annual cost of EUR 59.5 million [1][2] Group 1: Contract Details - The contract is expected to be signed by the end of November [2] - The service price is based on costs, with Elering reimbursing only the costs directly related to the service provision [2] - Enefit Power is allowed to participate in other energy markets with the same capacities, and if revenues from these markets exceed tender assumptions, the payable amount for the reserve capacity service will be reduced [2] Group 2: Financial Implications - The cost of ensuring reserve capacity will be borne by electricity consumers, shifting the financial burden from the company to consumers [1] - The service ensures up to 1,036 megawatts of generation capacity, which is significant for the Estonian electricity system [1]