In January, the average price of electricity was €60 per megawatt-hour (MWh) cheaper than in December, data from the Nord Pool Estonia stock exchange shows.
Last month, the average price was €141.74 compared to €202.65 in December. In November, the price was €116.78.
The highest price in January was €315.47, in December it was just over €1,000.
A year ago, in January 2021, the average price was €53.55 per megawatt-hour - almost €90 cheaper.
The graph below shows the average price by month for September, October, November and December 2021 and January 2022 (dark blue) in comparison to the same time a year ago (2020/2021) (yellow).
Editor: Helen Wright