Those who were hoping to save money on the weekend or do a spring cleaning at a low price will be disappointed: the average price of electricity will be high, and there will be no watches with a zero cost at all. :format(webp)/nginx/o/2024/01/05/15816263t1h99f3.jpg)
Electricity. Illustrative photo. Photo: Tairo Lutter
Those who were hoping to save money on the weekend or do a spring cleaning at a low price will be disappointed: the average price of electricity will be high, and there will be no watches with a zero cost at all.
The average price of electricity in the Estonian price zone of the Nord Pool electricity exchange will fall by 10.1% on Saturday compared to Friday to 100.76 euros per megawatt-hour.
The highest exchange price for electricity – 178.50 euros per megawatt-hour – will be on Saturday evening, from 9 p.m. to 10 p.m., and the lowest – from 2 p.m. to 3 p.m., when it will fall to 44.12 euros per megawatt-hour.
In Latvia and Lithuania, electricity will cost the same as in Estonia on Saturday. In Finland, it will be 64.3% lower, averaging 35.99 euros per megawatt-hour. The highest average price for electricity will rise on this day in Poland, where it will be 102.54 euros per megawatt-hour.
In July, the average price in the Estonian Nord Pool price area was 97.97 euros per megawatt-hour, which is 23.1% more than in July 2023, when the average monthly price was 79.56 euros per megawatt-hour. Compared to June, the average exchange price has increased by approximately 6.9%. This year, the average monthly price was higher only in January, when it reached 126.48 euros per megawatt-hour.
On January 5, the price of electricity in Estonia hit a record high, with an average of 890.54 euros per megawatt-hour. The previous daily price record was set on August 17, 2022, when the average price in Estonia reached 682.05 euros, and reached 4,000 euros per megawatt-hour for one hour.
