The energy crisis of last winter has caused a significant increase in exchange electricity prices. On Tuesday, the price of electricity on the exchange reached a high of 96.4 cents per kilowatt hour, but the average price for the day was 35.7 cents per kilowatt hour. This rise is due to weak wind power production and the interruption of electricity production in the third unit of the Olkiluoto nuclear power plant. According to TVO’s estimate, electricity production will resume in the Olkiluoto nuclear power plant on Tuesday afternoon.
The price of electricity on the exchange has been more expensive compared to earlier months, with an average price of 9.4 cents per kilowatt hour in November, compared to an average price of 4.7 cents in October and 4.1 cents in September. However, this rise is expected to be temporary as companies have been able to obtain electricity at a significantly lower price by scheduling their use for favorable hours.
HS’s calculator allows you to compare your own contract with other available electricity options, such as fixed transfer prices or exchange-traded contracts with varying time durations and prices. You can also terminate contracts valid for a certain period with a two-week notice period if you wish to switch providers or compare different options before committing to one contract type.
In particular, companies that specialize in exchanging traded electricity have been able to obtain electricity at significantly lower prices than other contract types during the beginning of the year by scheduling their use for favorable hours when stock exchange electricity prices are low. However, now that there is an interruption of Olkiluoto 3’s electricity production, this has caused an exceptionally steep spike in stock exchange electricity prices, which may be surprising but not entirely unexpected given how reliant we are on wind power during winter months when it can be scarce or unpredictable due to weather conditions.
Overall, HS’s calculator provides valuable information and tools for consumers looking for competitive pricing options when it comes to their energy needs. With its intuitive interface and customizable features, it makes comparing different contract types and pricing structures much easier than ever before, allowing consumers to make informed decisions about their energy usage and budget accordingly.
In conclusion, HS’s calculator offers an excellent resource for consumers looking to compare different energy options and pricing structures available through their network company or exchange-traded contracts with varying time durations and prices. With its user-friendly interface and customizable features, it provides valuable information that enables consumers