Estonia-Latvia power link maintenance to lower price of electricity Tuesday
The average price of electricity will drop to €74.80 per megawatt-hour on Tuesday. The price drop is caused by maintenance work on the Estonia-Latvia power link set to take until Friday evening.
The average market price was €258.33/MWh on Monday.
The price will also drop to €74.22/MWh in the Finnish price area. It was on par with Estonia's on Monday.
In Latvia and Lithuania, the price will grow to €453.48 and €466.99 per MWh respectively on Tuesday, up €30-40 since Monday.
In Estonia, electricity will be cheapest between 4 a.m. and 5 a.m. at €28/MWh.
The price will climb above €100 from 9 a.m. hitting €174.64 between 11 a.m. and 12 p.m.
330-kilovolt transmission lines between Estonia and Latvia will undergo maintenance from Tuesday to Friday due to which less than half of normal transmission capacity will be available at certain times.
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Editor: Marcus Turovski