By Months: Mario Kadastik

Economic viewpoints stress the importance of regulating the market to ensure pricing transparency and prevent excessive volatility. The speaker is concerned about long-term investments when market shifts are too rapid, but acknowledges that increased liquidity can drive prices down.

Economic perspectives are cautious concerning regulation, stressing that overly stringent laws can stifle innovation. He advocates for cost efficiency, opposing mandatory insurance requirements that increase vehicle prices, particularly since the majority of users do not require the service. Furthermore, he stresses that monthly wages should reflect an individual's contribution, especially within the manufacturing sector.

Strongly advocates for increasing added value, raising productivity, and export-oriented investments, while supporting the national contribution to research and development (R&D). The goal is to achieve a competitive total electricity price in the immediate region, avoiding blanket subsidies that would make the price excessively expensive for consumers. It supports improving capital availability through EAS (Enterprise Estonia).

The entity favors investment measures over direct subsidies, allowing the state to generate revenue from those investments. It emphasizes that the electricity market is a regulated market, meaning large producers are prevented by market rules from incorporating capital expenditure into their price bids. Therefore, non-market mechanisms are necessary to guarantee investment security. Furthermore, it supports fixed connection charges to mitigate investment risks and enhance predictability, arguing that this will ultimately lower electricity prices.

The economic policy objectives focus on lowering electricity prices through renewable energy (onshore wind) to ensure a competitive edge for industries. He defends renewable energy subsidies (a maximum of 200–250 million euros over 12 years) as necessary capital expenditure coverage required by the specific nature of the marginal market. He emphasizes that oil shale electricity is objectively more expensive (approximately 130 €/MWh without the CO2 quota) and therefore cannot serve as a source of cheap electricity.

The speaker supports a market economy where the best offer wins (the lowest bid), but acknowledges that the electricity market is broken and requires intervention. He views renewable energy investments as a price-lowering force and deems investing in oil shale financially unsound. He confirms that major infrastructure investments (Estlink 3) are covered by market fees (congestion charges).

Economic views support market efficiency by promoting the integration of new generating capacity (renewable, nuclear energy) with lower fixed charges, while simultaneously ensuring that fixed costs for maintaining reserves are covered. He/She advocates for regulatory solutions that prevent double taxation and offer consumers more favorable connection terms.