Electricity prices in Estonia are set to rise to €138.35 per Megawatt Hour as an average daily figure.
While electricity remained below €30 per MWh in the early hours of Monday, the most expensive average price by hour as listed on the NordPool exchange comes between 8 a.m. and 9 a.m., when electricity will cost €275.91 per MWh.
In the afternoon, electricity prices will only dip slightly below the €100-per-MWh mark between 2 p.m. and 4 p.m.
Sunday's price was just €20.63 per MWh as an average, the cheapest level reported since October 3 last year.
Last week, daily averages were below €100 per MWh on the NordPool exchange, save for Wednesday, when the price was almost €120 per MWh (see graph below).
Electricity will cost the same in Latvia as it does in Estonia on Monday, while the price is even higher in Lithuania, at €144.73 per MWh as an average.
While prices are also rising in Finland, the daily average for Monday is €76.70 on the NordPool exchange.
Editor: Andrew Whyte