Energy|On Monday, there will be price spikes again in the price of electricity.
Exchange electricity the price now fluctuates daily, and with the start of everyday life on Monday, slightly higher price spikes are expected again.
Electricity has been very cheap on Sunday, while Saturday saw price spikes, which are unusual for weekends.
On Monday, exchange electricity is the most expensive in the evening between 19 and 20, according to Nordpool’s price data. At that time, you have to pay 31.37 cents per kilowatt hour, including VAT.
If the stock exchange electricity customer plans to put, for example, a washing machine and dryer to sing, it is worth postponing it by an hour, because at 8 p.m. the price drops to 16.17 cents.
Tumble dryer energy consumption can be about 2–6 kilowatt hours per use and a washing machine about 0.2–2.5 kilowatt hours, according to a comparison of the electricity consumption of household appliances collected by the electricity company Helen. For example, the consumption of an electric stove is about 5 kilowatts per hour.
Electricity is also more expensive on Monday between eight in the morning and ten in the morning, when the price drops to around 27 cents per kilowatt hour after a cheap night.
The cheapest electricity is late on Monday, around midnight, when the price drops to only 2.43 cents per kilowatt hour.
The average price of electricity on Monday is 13.39 cents per kilowatt hour.
It is more than on Saturday, when the average price remained at 11.3 cents despite the sharp price spike in the evening. During Saturday night’s price spike, the price of electricity jumped to more than 37 cents per kilowatt hour.
On Sunday, on the other hand, very cheap electricity was enjoyed. Even at its highest, the price dropped to only 17.19 cents per kilowatt hour, while the average price remained at 4.31 cents.
In general, electricity is cheaper on weekends because consumption is lower then than on weekdays.
On Sunday electricity production received additional power from Olkiluoto, where OL2 was put into use again after almost a month’s break.
The generator’s failed rotor has now been replaced.
However, electricity production at OL2 will continue for a long time at a lower power level. Power is limited to reduce the risk of failure. Power restrictions are expected to last for several months. Teollisuuden Voima announced the matter on Sunday morning.
OL2 produces about nine percent of the electricity consumed in Finland.
Instead, the return of Loviisa nuclear power plant unit one from annual maintenance is postponed. It was supposed to return to power generation on Sunday. Fortum announced on Saturday that the maintenance is expected to end only on October 12.
It was already the second postponement. Originally, the maintenance was supposed to end already at the end of September.
Loviisa’s number one unit produces about five percent of the electricity consumed in Finland.
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