Feb 27 • 13:02 UTC 🇫🇮 Finland Yle Uutiset

Frosty Winter and Horrific Electricity Prices Again Next Winter? Check the Weather Statistics to See How Often Severe Frost Repeats

Many are considering their electricity contracts for next winter due to the recently experienced long and cold frost periods, which have driven electricity prices up significantly.

As individuals prepare for the upcoming winter, the impact of prolonged cold spells on electricity prices has become a pressing concern. Finland has experienced unusually long periods of cold weather recently, leading to a surge in electricity demand while a decrease in wind has limited wind energy supply. This has resulted in electricity prices spiking to levels much higher than normal, at times reaching 40-50 cents per kilowatt-hour. Many consumers are contemplating switching from variable price electricity to fixed-rate contracts to avoid the fluctuations in pricing that come with unpredictable weather conditions.

Weather statistics indicate that in the 21st century, cold winters have averaged every eighth year, albeit with irregular distribution. The last notably cold winter in Finland was 15 years ago. Despite this, there have been several isolated months of cold temperatures since then. Meteorologist Anne Borgström from Yle warns that the harsh conditions of the current winter cannot be used to predict the weather for the next winter. She emphasizes the unpredictability of yearly weather patterns, stating that years do not behave in a consistent manner, as illustrated by the significantly cold winters of 1985 and 1987, after which weather patterns varied greatly.

As citizens navigate the uncertainty surrounding winter weather and energy prices, these discussions could reflect a broader anxiety about energy security and pricing in Finland. With fixed-rate contracts being offered at around 7-8 cents per kilowatt-hour, many consumers may find adapting to these shifts in the energy market necessary to ensure they can afford to keep warm in the winter months ahead.

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