Baltic, Energy, Energy Market, Estonia, EU – Baltic States
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Friday, 29.03.2024, 14:00
Price of electricity climbs to EUR 31 in April
In Finland, Latvia and Lithuania the price of electricity
was about the same as in Estonia -- respectively 31.4 in Finland and 31.42
euros in Latvia and Lithuania, the transmission system operator Elering said.
The average price in the Nord Pool system was 29.23 euros.
Electric power flowed from Estonia to Finland during 57%
and from Finland to Estonia during 30% of hours in April. During 59% of hours
electricity flowed from Estonia to Latvia and during 38% of hours from Latvia
to Estonia.
Based on futures transactions, the free market electricity
price in May will be 31.53 euros per megawatt-hour.
The price for carbon dioxide emission quotas, which
influence the price of electricity production, fluctuated in the region of
4.49-5.05 euros per ton in April.
Elering earned 0.4 mln euros from the provision of
cross-border capacity distribution last month.