Electricity price hikes are caused by participants' mistakes - energy bourse manager.
Postimees Digest, Monday, July 15
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Electricity price hikes on Nord Pool Spot are mainly caused by the participants' mistakes or irresponsibility, Hando Sutter, regional manager of the energy bourse, told the daily. He explained that the international connections also influence the price. Estonia's energy links will become complete in 2014 with the launching of Estlink 2, which should ensure uniform prices in Estonia and Finland.
Fines for fishing violations to rise.
The new fishery act will increase maximum fines to companies for fishing violations tenfold from 3,200 euros to 32,000. The bill covering letter explains that the existing rates do not suffice to modify the behavior of enterprises, since profit from violations could be much higher. The fine level for private individuals is 1,200 euros and would not change.