Estonia electricity prices today
Estonia is one bidding zone, EE. It often prices close to Finland when the Estlink interconnectors are free, and it can jump when they are not.
Finland next door
Estlink 1 and Estlink 2 tie Estonia to Finland. With the cables unconstrained, the Estonian hour often follows the Finnish one. A limitation or an outage is one of the first things worth knowing about when EE spikes while FI does not.
Wind has grown as oil shale has receded. That makes more hours very cheap, and a few hours much tighter, which is exactly when a flexible load earns its keep.
What an Estonian household can use
Exchange-priced contracts pay the auction. Fixed contracts do not. The chart excludes the network fee, excise and VAT.
The cheapest three hours are the practical slot for a washing machine. An EV or a storage heater can use a longer run of cheap hours from the same day.
Questions
+Where do Estonian electricity prices here come from?
The Nord Pool day-ahead auction for zone EE.
+Why compare Estonia with Finland?
Because Estlink is the main path between them. When it is free, the prices usually sit close together.
+When does tomorrow's Estonian price appear?
After the day-ahead auction, typically early afternoon CET.