The average price of electricity in the Estonian region of the Nord Pool energy market reached EUR 290.06 on December 6. The previous record was broken on November 29 when the price reached EUR 263.96.
The average price for the month of November was EUR 116.78, up 2.8-fold YoY.
Before 2021, the record price of electricity in the Estonian region was EUR 124.77 per MWh on July 20, 2014. The November 29 record is 111.6% higher. (ERR/Business World Magazine)