Estonia's average electricity price drops to €264 on Thursday

Lightbulbs.
Lightbulbs. Source: Siim Lõvi /ERR

The average price of electricity in Estonia will drop to €264.35 per megawatt hour on Thursday, almost €100 less than today, Nordpool's data shows.

The cheapest price will be between midnight and 1 a.m. at €48.71 per megawatt hour followed by €66.02 per megawatt hour between 4 a.m. and 5 a.m.

Thursday's peak price will be €475.06 between 9 a.m. and 10 a.m.

Finland and Estonia will have a similar average price tomorrow, but it will be over €350 in both Latvia and Lithuania.

Last week, the average price in Estonia was €141.71 euros per megawatt hour.

On the same day in 2021, it was more than €100 cheaper at €142.04, as shown in the graph below.

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Editor: Helen Wright

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