The strategic gas stockpiling fees are established by the Minister of Economic Affairs and Communications at the proposal of the Council of the Estonian Stockpiling Agency.
The stockpiling fee, expressed in euros per megawatt-hour of gas sold, will be published by no later than 30 April 2023, i.e., one month before it comes into effect on 1 May 2023.
As an exception, the first gas stockpiling fee will be established for a shorter period and is valid until 31 December 2023. From 1 January 2024, the stockpiling fee will be established for one calendar year. Current strategic gas stockpiling fee is 0,4€ per megawatt-hour.
The basis for establishing the stockpiling fee is the expected cost required for managing the amount of strategic gas reserve in the next calendar year and the expected amount of gas sold in the next calendar year.
The stockpiling fee may be changed according to the incurred costs. The specified stockpiling fee will be effective from the month after its establishment. If the total amount of stockpiling fees collected paid in a calendar year exceeds the corresponding year’s reserve management costs, the excess amount will be taken into account when establishing the next stockpiling fee.
The minimum rate of the stockpiling fee is 0.1 euros and the maximum is 2.5 euros per megawatt-hour of gas sold to the end consumer.