Network company Fingrid’s According to the hourly price application, the price of electricity on the exchange is minus all day on Monday.
Discounted classes started on Sunday at eleven in the evening and continue throughout the day.
The cheapest hour of the day was 04:00, when the price of electricity was -0.3 cents per kilowatt hour. The most expensive hours of the day fall between 8 and 9 and 18 and 19, when the price of electricity is -0.001 cents per kilowatt hour.
However, on the consumer’s electricity bill, the exchange electricity consumed today, Monday, is not completely free, as transmission fees are added to the use of electricity. They vary depending on the electricity network company.
One of the reasons for the cheap price of electricity is likely to be brisk wind power production. Finland’s wind power production has remained at over 2,000 megawatt hours since Tuesday of last week.
At the same time, the average price of electricity on the stock exchange has been at zero since Thursday of last week, and relatively cheap before that as well.
According to Fingrid’s wind power forecast, wind power production will exceed the 5,500 megawatt-hour mark today. According to the forecast, wind electricity will also be produced well tomorrow, Tuesday, which means that electricity will probably be cheap even then.
Tuesday’s stock exchange electricity prices will be announced on Monday at 14:00.