https://www.helsinkitimes.fi/finland/finland-news/domestic/24708-...

  1. 36,154 Posts.
    lightbulb Created with Sketch. 4

    Ho hum. rolleyes.png

    Another day. Another attempt to mislead the forum by the serial liar.

    Unfortunately he's posted an edited version which has left out some important information.

    He forgot to mention that prices had been driven high because of the Ukraine conflict. He also forgot to mention that renewable energy was a significant contributor to the price reduction.

    Here's the whole story including a link to the original article :

    Finland witnessed a significant decrease in electricity prices in 2023, with the average cost falling back to pre-crisis levels. According to Nord Pool's annual price data, the average wholesale electricity price stood at €56.5 per megawatt-hour. This marks a 64% reduction from the crisis peak in 2022 and a return to the average price levels seen since 2010, adjusting for inflation.

    The increase in wind power capacity and the operational start of the Olkiluoto 3 nuclear power plant have played a pivotal role in making Finland self-sufficient in electricity since spring. Despite this stabilization, short-term price fluctuations have been greater than before, primarily due to the growing share of wind power in the energy mix.

    Interestingly, 2023 saw a record number of hours with negative electricity prices, totaling 467 hours. The most expensive day for electricity was November 21, with an average daily price nearing €300 per megawatt-hour. Conversely, due to incorrect data provided by a Norwegian company, prices dropped significantly three days later, reaching more than €200 below zero.


    Finland witnessed a significant decrease in electricity prices in 2023, with the average cost falling back to pre-crisis levels. According to Nord Pool's annual price data, the average wholesale electricity price stood at €56.5 per megawatt-hour. This marks a 64% reduction from the crisis peak in 2022 and a return to the average price levels seen since 2010, adjusting for inflation.

    https://www.helsinkitimes.fi/finland/finland-news/domestic/24708-electricity-prices-in-finland-return-to-normal-levels-in-2023-down-64-from-previous-year.html
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.