Electricity prices in Estonia's Nord Pool pricing area are experiencing a continued rise, with the price per megawatt-hour increasing by 1.1% compared to Tuesday, reaching €202.08. The peak hours for electricity demand are forecasted for 07:45–08:00 this morning, when the price is expected to soar to €390 per megawatt-hour. In contrast, the lowest electricity price today was recorded between 04:00–04:15, still maintaining a relatively high level at €100.39, and the price did not drop below €100 at any time during the day.

When comparing electricity prices across the Baltic region, it appears that Estonia's rates are significantly higher than in Finland, where the average price stands at €145.83 per megawatt-hour. Meanwhile, the electricity prices in Latvia and Lithuania are nearly identical to Estonia's, averaging €203.54 per megawatt-hour. This trend of high electricity prices is indicative of broader market pressures and raises concerns about energy affordability for consumers, especially as peak demand continues to strain the grid.

As electricity costs rise, Estonian consumers are facing the challenge of balancing their energy needs with financial constraints. The persistence of high prices raises questions about energy policy and potential measures that could be implemented to alleviate the burden on consumers. Furthermore, this situation may prompt discussions on regional energy cooperation and strategies to stabilize prices amid fluctuating market conditions.