Average electricity price to double on Wednesday

A microwave oven and an electric kettle consuming electricity.
A microwave oven and an electric kettle consuming electricity. Source: Siim Lõvi /ERR

Estonia's average electricity price will be €345 per megawatt hour on Wednesday, data from Nordpool shows, which is double today's price of €167.

On Wednesday, the price will not drop below €210 per megawatt hour. It will peak at approximately €527 between 8 a.m. and 10 a.m.

On the same day last year, the average price was €136.10.

The graph below shows the average daily rate was much cheaper last week, which was due to higher wind production and maintenance work on the Estonian-Latvian connection.

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Editor: Marko Tooming, Helen Wright

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