Estonia: Average electricity price down slightly in 2024

The average annual price of electricity in Estonia stood at EUR 87.27 per MWh in 2024, which was down from EUR 90.79 per MWh in 2023, according to data from the Nord Pool electricity exchange, ERR reports. The highest average price was in January 2024 (EUR 126.5 per MWh) and the lowest in April 2024 (EUR 60.4 per MWh). The average price in the Estonian price area reached an all-time high of EUR 192.82 per MWh in 2022, compared to EUR 86.73 per MWh in 2021 and EUR 33.69 per MWh in 2020.