Electricity prices in Finland surge to winter peak
16 Articles
16 Articles
The Finnish electricity market arrives on Thursday with an uncomfortable combination (intense cold and weak wind) that translates into a price jump for those with indexed fare. The most expensive strip is located at 7:45 with 36.9 cents per kWh for fifteen minutes, while the minimum drops to 12.5 cents at 5:00. The average of the day (with VAT) is around 25.9 cents per kWh, above 21.9 on Wednesday, in a January that was averaging about 14 cents …
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Exchange-traded electricity costs as much as 61 cents per kilowatt-hour for fifteen minutes in the morning.
On Sunday, the average electricity price in the Nord Pool Estonia price area is nearly 178 euros per megawatt-hour. At 5 pm, the price reaches almost 400 euros per unit.
Cold weather continued to drive up electricity consumption and prices, with Monday becoming the most expensive day of the year.
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