[en] There was a meeting of the Estonian Power and Heat Association in Paernu summarizing the Association's activities in 1998. Only local fuels such as peat and wood chips (70 %) and oil shale (30 %) are used for district heating in Paernu. There is an interest in the combined production of heat and power. The Association plans to set up the respective committee on engineering. The Energy Market Inspectorate was formed in Estonia on January 22, 1998. On April 1, 1999, the Estonian Center for Engineering Inspectorate was opened. The newly formed body will be dealing with accidents likely to happen. The banks are interested in financing Estonian energy projects as power engineering is a field of vital importance with stable money flows and low risk. One can get capital from Estonia more easily and quickly, so far to a limited amount and at a higher interest (small projects at 15 to 20 per cent) than from outside (in case of 2 thousand million EEK at 5 %). The weighted average of heat sold in Estonia, without turnover tax, was 302 EEK/MWh), variance 150 to 490 EEK/MWh. (author)