Energy The price of electricity is rising more and more wildly – on Wednesday morning electricity costs almost as much as in the severe frosts of December

Average daily electricity prices are high in the first part of the week due to the effects of the war in Ukraine and low wind power production.

Power the price is rising to harder readings, according to Nordpool’s realized auction prices.

According to Nordpool, the price per megawatt hour tomorrow, March 9, will be a maximum of € 579.45.

The last time electricity was more expensive was on December 21 from 5 pm to 6 pm. At that time, exchange electricity cost 620 euros per megawatt hour. That day was cold in Helsinki, for example. The average daily temperature at the Kaisaniemi measuring station in Helsinki was -11.2 degrees. Now the air is much milder, because on Monday, for example, the average temperature at the same measuring station was -0.3 degrees.

The average daily price is about 180 euros per megawatt hour every day from Monday to Wednesday.

For example, in the week before the Russian invasion of Ukraine on 14-20. In February, the average daily price of electricity ranged from around € 60 to € 75 per megawatt hour.

Thus, average prices have even tripled in about three weeks.

Power the price is now really high compared to the season.

For example, on March 9, 2021, exchange electricity cost an average of 54.57 euros per megawatt hour.

The peak price on Wednesday morning is thus more than ten times the average price a year ago.

HS said on Monday that the exceptionally high price of electricity was due to, among other things, the rise in price of natural gas and coal due to the war in Ukraine.

Read more: The war raises the price of electricity for Finns to the clouds – the graphics show how expensive electricity is now compared to the season

Nordpool it can be seen from the hourly prices that the stock exchange electricity, especially in the morning and morning hours, is exceptionally expensive. Also in the early evening, especially from 5 pm to 7 pm, prices seem to be particularly strong.

Correction 8.3.2022 at 16.55: Corrected electricity price units in megawatt hours. Earlier in the story, some of the passages read incorrectly in kilowatt hours.

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