Estonian Power Exchange Price Rises to 19 Cents per Kilowatt-Hour on Saturday
The average electricity price in Nord Pool's Estonian zone on 7 November is 8.4% higher than on Friday, reaching 19.15 cents per kilowatt-hour. Latvia and Lithuania have a higher average price, while Finland's is far lower.
The average electricity price in the Estonian zone of the Nord Pool exchange rose by 8.4% on Saturday, 7 November, compared with Friday, reaching 19.15 cents per kilowatt-hour. The information comes from the radio news service of Estonia's public broadcaster ERR. Nord Pool is the electricity trading exchange for the Nordic and Baltic countries.
Price swings through the day
The most expensive electricity is expected between 4:45 p.m. and 5:00 p.m., when a kilowatt-hour will cost 41.24 cents. The cheapest period will be from 11:45 a.m. to 12:00 p.m., when the price drops to two cents per kilowatt-hour.
For more than 20 hours of the day, the price will exceed 10 cents per kilowatt-hour.
Comparison with neighbouring countries
In Finland, the average price on Saturday is 1.05 cents per kilowatt-hour, almost 18 times lower than in Estonia. In Latvia and Lithuania, the average tariff reached 31.48 cents per kilowatt-hour.
On Friday, 6 November, the average exchange price in Estonia was 17.66 cents per kilowatt-hour.
