Electricity market PRICE GUIDE: NordenBladet application now enables live MONITORING of electricity real time rates
NordenBladet – NordenBladet launched today, on November 15, a new app that allows visitors of our websites keep track of daily electricity prices at any chosen time
Electricity tariffs will be displayed on NordenBladet’s front page and sitewide on the right side of the page in the form of a table. You can check the exact price of electricity during one full hour until the next. The Estonian site (NordenBladet.ee) publishes Estonian electricity prices, the Finnish language site (NordenBladet.fi) publishes electricity prices of Finland.
PRICE GUIDE*:
🔴 Red – the day’s highest prices
🟡 Yellow – the day’s typical price
🟢 Green – the day’s most profitable price
(prices in the table are given before/without value-added tax)
Estonia and Finland belong to the Nord Pool Spot electricity market trade region. Besides Estonia and Finland, the NordPool also involves Sweden, Norway, Denmark, Latvia and Lithuania. In the Nord Pool Spot, electricity prices will be determined separately for every hour of the day and separately for every region. Each country has the minimum of one price zone, countries with larger territories may have several zones.
Electricity’s market value will be calculated by Nord Pool electricity stocks individually for every hour. For each hour, all electricity production offers beginning with the most inexpensive will be ranked, and all electricity demand offers will be ranked beginning with the most expensive. In the intersection of these two lines the price of electricity will be shaped.
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ATTENTION!
* Electrical grid level depends on the electrical network service provider and the location of every individual consumer’s electrical substation. The price guide has been designed based on Nord Pool data in a supporting manner, with the aim of simplifying the price market overview – NordenBladet will not accept responsibility regarding your electricity consumption!
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