Market announcement

Enefit Green AS

LEI code

485100EAUB2D0VTK1R43

General information

Categories

Other corporate action

Unique data record identifier

16801

Submission date and time

12.12.2024 09:01:49

Content of announcement in Estonian

Title

Enefit Greeni tootmisandmed – november 2024

Message

Enefit Green tootis novembris 226,2 GWh elektrit, mida on 109% võrra enam kui
novembris 2023. Tootmistulemust mõjutasid peamiselt uued - nii mullu valminud
kui ka veel ehitusjärgus tuule- ja päikesepargid Eestis, Leedus, Soomes ja
Poolas. Nende parkide toodang moodustas üle poole Enefit Greeni kogu
elektritoodangust. Kuu elektritoodang vastas septembri tootmisteates avaldatud
korrigeeritud IV kvartali toodanguprognoosile vaatamata tootmisvõimsuste
piiramisele (peamiselt madala elektrihinnaga tundidel). Positiivset mõju
toodangule avaldasid head tuuleolud ja Sopi-Tootsi tuulepargi tööle rakendumine.

Tuuleenergia toodangu maht oli novembris 213 GWh ehk 132% suurem kui mullu.

Novembri keskmine tuulekiirus oli portfelliüleselt 7,4 m/s, mis ületas ootust
+0,4 m/s võrra. Eriti head tuuleolud olid taas Soomes, kus Tolpanvaara
tuulepargis mõõdeti +1,1 m/s võrra ootust ületanud keskmine tuulekiirus (8,6
m/s). Ka Eesti (7,3 m/s) ja Leedu (7,4 m/s) tuuleolud olid oodatust paremad.
Head tuuleolud mõjutasid tuuleparkide toodangut +30,3 GWh võrra võrreldes
ootustega.

Olulist mõju tootmistulemustele avaldas tootmisvõimsuste allakoormamine
peamiselt negatiivsete ja/või väga madalate turuhindadega tundidel ning
süsteemiteenuste pakkumisel, mis kokku vähendasid toodangut 29,0 GWh võrra.
Vähesel määral mõjutas tootmistulemust ka tavapärast suurem rikete maht
peamiselt WinWind tuuleparkides, labade jäätumisest tingitud seisakud Leedu uues
Shilale II tuulepargis ning Tolpanvaara pargis teostatud täiendused parendamaks
labade jäätumisvastast süsteemi. Töökindluse mõju toodangule oli -6,2 GWh.

Kogu koostootmise segmendi energiatoodangu aastast võrdlust mõjutab (kuni 2025.
aasta alguseni) jätkuvalt biomassipõhiste koostootmisvarade müük mullu neljandas
ja selle aasta esimeses kvartalis, mis selgitab segmendi kogutoodangute langust.
Segmendi ainsaks tootmisüksuseks jäänud Iru elektrijaama elektritoodang oli
novembris 11,6 GWh (-3,2%) ja soojusenergia toodang 36,6 GWh (-3,8%). Iru
töökindlus püsis novembris kõrgel tasemel ning ootamatuid seiskuid ei esinenud.

Päikeseenergia toodangu maht oli novembris 1,5 GWh ehk uute parkide toel ligi
poole suurem kui mullu, kuid aastaajale iseloomulikult moodustas alla 1% Enefit
Greeni novembrikuu elektritoodangust.

?November oli taaskord rekordtoodanguga kuu, ületades oktoobris saavutatud
rekordit üle 26 GWh võrra. Püsime kahe kuuga kokkuvõttest kenasti oma neljanda
kvartali toodangu prognoosi graafikus. November paistis samas silma erakordselt
suure koguse allakoormamistega tingituna madalatest elektrihindadest, millele
üheks teguriks olid kindlasti ka väga head tuuleolud. Sopi-Tootsi tuulepark on
nüüdseks tööle saanud täies mahus ja panustab oluliselt tulemustesse. Head
tuuleolud tingisid novembris ka suure vajaduse süsteemiteenuste järele, mille
mõjul vähenes küll tootmistulemus ligi 4,8 GWh võrra Eestis ja Leedus, kuid
samas andis see täiendavat tulu ettevõttele.
Kuukeskmised elektrihinnad olid eelneva kuuga võrreldes Eestis ja Leedus
mõnevõrra madalamad, Soomes pisut kõrgemad. Tuuleenergia allahindlused meie
turgudel on jätkuvalt suured, Soomes leidis novembris aset kerge leevenemine
võrreldes eelnevate kuudega, " kommenteeris Enefit Greeni juhatuse liige ja
tootmisvaldkonna juht Innar Kaasik.


                                         November 2024  November 2023 Muutus, %

 Elektrienergia toodang riikide kaupa,
 GWh

 Eesti                                           137,4           49,1    179,9%

 Leedu                                            72,6           52,0     39,6%

 Läti                                                -            3,0   -100,0%

 Poola                                             0,9            0,7     36,7%

 Soome                                            15,3            3,7    310,8%

 Kokku                                           226,2          108,5    108,5%



 Elektrienergia toodang segmentide
 kaupa, GWh

 Tuul                                            213,0           91,7    132,2%

   sh. uued tuulepargid                          117,3           27,6    325,5%

 Koostootmine                                     11,6           15,6    -26,0%

   sh. müüdud varad                                  -            3,7   -100,0%

 Päike                                             1,5            1,0     49,1%

   sh. uued päikesepargid                          0,8            0,4     89,3%

 Muud                                              0,1            0,1      2,9%

 Kokku                                           226,2          108,5    108,5%



 Soojusenergia, GWh                               36,6           57,7    -36,7%

   sh. müüdud varad                                  -           19,7   -100,0%


Lisainfo:
Sven Kunsing
Finantssuhtluse juht
[email protected]
(https://www.globenewswire.com/Tracker?data=eahglFI0K4UUxwsmqXkQdO3N_ld1uojlGTE_
vteiKcyQu1wfu3r9tXxEfe64TI9iPjXXdLcA-1wKJKK402r4cwPqdjBXLG-Ga36PZFEEUJ4=)
https://enefitgreen.ee/investorile/
(https://www.globenewswire.com/Tracker?data=2hvtWZj2Sah7P5FHBmegLeIoMx1_pu7PK9v_
TsWBkf-qdy705TQpwpl_2cNDmb3iCN-
NkLHEs8SIwbSVVzso9h20XumT41kxmuMBN6kQDnpPywlTouLu7hjVZ5aMG9g6)

Enefit Green on üks juhtivatest taastuvenergia tootjatest Läänemere piirkonnas.
Ettevõte opereerib tuuleparke Eestis, Leedus ja Soomes, päikeseparke Eestis ja
Poolas, kütusena olmeprügi kasutavat koostootmisjaama Eestis ning
hüdroelektrijaama Eestis. Lisaks arendab ettevõte mitmeid tuule- ning
päikeseparke ülalnimetatud riikides ja Lätis. 2024. aasta teise kvartali lõpu
seisuga oli ettevõtte installeeritud elektritootmise koguvõimsus 587 MW ning
soojusenergia tootmise koguvõimsus 50 MW. 2023. majandusaasta jooksul tootis
ettevõte 1 343 GWh elektrienergiat, 604 GWh soojusenergiat ja 156 tuhat tonni
pelleteid. 2023. aasta lõpus väljus Enefit Green biomassi kütusena kasutavatest
koostootmise ning pelletitootmise äridest.

Content of announcement in English

Title

Enefit Green production data – November 2024

Message

Enefit Green produced 226.2 GWh of electricity in November, or 109% more than in
November 2023. The production result was mainly driven by new wind and solar
farms in Estonia, Lithuania, Finland, and Poland (both by those commissioned
last year and by those still under construction) the production of which
accounted for over half of Enefit Green's total electricity production. The
monthly production result corresponded to the revised Q4 production forecast
published in the September production notice, despite capacity downregulations
(mainly during hours with low electricity prices). Good wind conditions and the
launch of the Sopi-Tootsi wind contributed positively to the production.

The volume of wind energy production in November was 213 GWh, which is 132% more
than a year ago.

The average wind speed in November was 7.4 m/s across the portfolio, +0.4 m/s
higher than expected. Finnish wind conditions were particularly good: +1.1 m/s
better than expected average wind speed was measured in Tolpanvaara wind farm
(8.6 m/s). Estonian (7.3 m/s) and Lithuanian (7.4 m/s) wind conditions were also
better than expected. Good wind conditions affected the output of wind farms by
+30.3 GWh compared to the expectations.

Downregulation of production capacity (mainly during hours of negative and/or
very low market prices and due to various network constraints) had a significant
impact on production results, reducing output by 29.0 GWh. The production result
was also somewhat affected by the higher than usual volume of faults, mainly in
WinWind wind farms, downtime due to icing of blades in the new Shilale II wind
farm in Lithuania, and works in Tolpanvaara wind farm to improve the anti-icing
system of the blades. Availability effects on the production were -6.2 GWh.

The year-over-year comparison of energy production in the cogeneration segment
as a whole continues to be influenced (until the beginning of next year) by sale
of biomass-based cogeneration assets in the fourth quarter of last year and in
the first quarter of this year. In November, the electricity production of the
Iru power plant (which remains the sole production unit in the segment), was
11.6 GWh (-3.2%) and the production of thermal energy was 36.6 GWh (-3.8%).

Solar energy production in November reached 1.5 GWh growing by almost a half
year-over-year, but characteristically for the season, only accounted less than
1% of Enefit Green's electricity production in November.

"November was once again a month with record production, surpassing the record
achieved in October by more than 26 GWh. In two months, we are staying well on
track for our fourth-quarter production forecast. At the same time, November
stood out with an exceptionally large amount of down regulations due to low
electricity prices, for which very good wind conditions were certainly one of
the factors. The Sopi-Tootsi wind farm has now become fully operational and
contributes significantly to the results. Good wind conditions also caused good
demand for system services in November, which had the effect of reducing the
production result by almost 4.8 GWh in Estonia and Lithuania, but at the same
time it provided additional income for the company.
Compared to the previous month, average monthly electricity prices were somewhat
lower in Estonia and Lithuania, and slightly higher in Finland. Wind energy
discounts on our markets continue to be high, with a slight easing in Finland in
November compared to previous months," commented Innar Kaasik, Member of the
Management Board and Head of Production at Enefit Green.


                                          November 2024 November 2023 Change, %

 Electricity production by countries, GWh

 Estonia                                          137.4          49.1    179.9%

 Lithuania                                         72.6          52.0     39.6%

 Latvia                                               -           3.0   -100.0%

 Poland                                             0.9           0.7     36.7%

 Finland                                           15.3           3.7    310.8%

 Total                                            226.2         108.5    108.5%



 Electricity production by segment, GWh

 Wind                                             213.0          91.7    132.2%

   incl. new wind farms                           117.3          27.6    325.5%

 Cogeneration                                      11.6          15.6    -26.0%

   incl. assets sold                                  -           3.7   -100.0%

 Solar                                              1.5           1.0     49.1%

   incl. new solar farms                            0.8           0.4     89.3%

 Other                                              0.1           0.1      2.9%

 Total                                            226.2         108.5    108.5%



 Heat energy, GWh                                  36.6          57.7    -36.7%

   incl. assets sold                                  -          19.7   -100.0%


Further information:
Sven Kunsing
Head of Finance Communications
[email protected]

(https://www.globenewswire.com/Tracker?data=eahglFI0K4UUxwsmqXkQdO3N_ld1uojlGTE_
vteiKcyQu1wfu3r9tXxEfe64TI9iPjXXdLcA-1wKJKK402r4cwPqdjBXLG-
Ga36PZFEEUJ4=)https://enefitgreen.ee/en/investorile/
(https://www.globenewswire.com/Tracker?data=2hvtWZj2Sah7P5FHBmegLeIoMx1_pu7PK9v_
TsWBkf9HVGRVBco0gBWNAR8sTIf_RfHfPw1v74a_H6m3SjVkIBzGyIVVbjGOe57EOq9-
agKg8ttz2h5EHYmF0la-hs-rAYHvQm2Fvlu3QknP8tcDCA==)

Enefit Green is one of the leading renewable energy producers in the Baltic Sea
area. The Company operates wind farms in Estonia, Lithuania and Finland, waste-
to-energy CHP plant in Estonia, solar farms in Estonia and Poland and a
hydroelectric plant in Estonia. In addition, the Company is developing several
wind and solar farms in the mentioned countries and Latvia. As of the end of Q2
2024, the Company had a total installed electricity production capacity of 587
MW and a total installed heat production capacity of 50 MW. During 2023, the
Company produced 1,343 GWh of electricity, 604 GWh of heat energy and 156
thousand tonnes of wood pellets. In the end of 2023, Enefit Green exited the
biomass based CHP and pellet production businesses.