Electricity prices in Estonia to rise 65% on Monday

In Nord Pool's Estonia pricing zone, the average electricity price will rise 65.4% on Monday, reaching 134.04 per megawatt-hour. Compared with Sunday, this represents a significant jump.

Consumers in Nord Pool's Estonia pricing zone face a substantial price increase on Monday. The electricity price will rise 65.4% compared with Sunday, reaching 134.04 per megawatt-hour.

This will be a volatile day on the energy market, meaning there could be large differences between hourly prices. Users of exchange-traded electricity should prepare in advance for Monday and, where possible, shift larger energy consumption to cheaper hours.

Electricity price fluctuations have become a common occurrence in Estonia and across the Baltics in recent years, depending on weather conditions, generation capacity, and factors related to the energy markets of neighbouring countries.