Electricity prices in Estonia to rise to €500 per MWh on Tuesday evening
On Tuesday evening (September 3), the price of electricity on the exchange in Estonia will rise to as much as €500 per megawatt-hour (MWh).
The average electricity price in the Nord Pool Estonia region on Tuesday will be around €155 per MWh.
On Tuesday, the price of electricity will be most expensive in the evening between 7 p.m. and 10 p.m. The highest price for a single hour will be between 8 and 9 pm, when electricity will cost €500 per MWh.
While the price of electricity fell to €2.62 per MWh at lunchtime on Sunday, at no point on Monday did the price fall below €80 per MWh.
Latvia and Lithuania will have the same average electricity price as Estonia on Tuesday. In Finland, the electricity price will also be higher than usual on Tuesday evening.
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Editor: Mari Peegel, Michael Cole