Electricty Prices News Today

Wholesale electricity prices fell by 64% in July compared to last year, according to the Wholesale Price Index.

In the current economic climate, Estonia's biggest electricity consumers, including a wide range of industrial companies, retail chains and food producers, are looking for ways to cut down on energy use. However, reducing energy consumption may be more difficult for large consumers, and, unlike domestic consumers, they cannot expect to receive state support.

The average price of electricity in Estonia will drop to €264.35 per megawatt hour on Thursday, almost €100 less than today, Nordpool's data shows.