Estonian nuclear energy company Fermi Energia is awaiting a state decision on a contract for difference (CfD) support scheme before making a final investment decision on building a nuclear power plant. This CfD would function similarly to existing schemes used to support renewable energy projects like wind farms, guaranteeing a price for the electricity generated. Fermi Energia states the guarantee is crucial to mitigating financial risks associated with the large-scale project. The scheme aims to incentivize private investment in nuclear energy by protecting against market fluctuations. Without the state-backed price guarantee, the viability of the nuclear plant project is in question. The Estonian government is currently considering the proposal, recognizing the potential for nuclear energy to enhance the country’s energy independence and security. This move signals a potential shift in Estonia’s energy policy towards nuclear power.