On Tuesday, the average electricity price in Estonia is set to remain elevated, with the price standing at 129.32 euros per megawatt-hour, reflecting a slight increase from the previous day. The electricity market, particularly the Nord Pool exchange, shows a comparable situation in neighboring countries; Latvia and Lithuania have similar pricing, with prices at 129.45 euros per megawatt-hour, only 13 cents higher than Estonia. However, Finland presents a contrasting scenario, offering a lower average price of 126.63 euros per megawatt-hour, indicating regional variances in electricity costs.

In terms of peak pricing, the highest electricity cost in Estonia is expected to occur at 18:45–19:00, when it might surge to 241.11 euros per megawatt-hour. This uptrend illustrates the volatility and fluctuations typical in electricity pricing, which can be influenced by various factors including demand and supply dynamics throughout the day. Conversely, the lowest price is recorded during the early morning hours at 4:00–4:15, dropping to a notably lower rate of 86.71 euros.

This ongoing rise in electricity prices highlights broader economic implications for consumers and businesses in Estonia, as high energy costs can impact spending behavior and economic activity. The price variations across the Baltic and Nordic regions also point towards a complex interplay of regional energy markets, forcing consumers and policymakers to adapt to these trends while seeking measures to mitigate the financial impact of sustained high energy prices.