Price of electricity to hit record €290.06 on Monday

Light bulbs.
Light bulbs. Source: Siim Lõvi /ERR

The average price of electricity in the Estonian region of the Nord Pool energy market will reach €290.06 on Monday. The previous record was broken on November 29 when the price reached €263.96.

The average price for the month of November was €116.78, up 2.8 times year-over-year when the monthly average market price was €40.99.

Before 2021, the record price of electricity in the Estonian region was €124.77 per MWh on July 20, 2014. The November 29 record is 111.6 percent higher.

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Editor: Marcus Turovski

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