Estonia's Power Grid Volatility Persists with 53% Price Jump
Electricity prices in Estonia are set to surge by 53.1% on Monday, February 10, reaching an average of €179.07 per megawatt-hour and exposing the grid's ongoing vulnerability to high demand and supply constraints.
- —Electricity prices on the Nord Pool exchange in Estonia are projected to increase by 53.1% on Monday, February 10, 2026, compared to Sunday.
- —The average price in the Estonian pricing zone is expected to be 179.07 euros per megawatt-hour, with peak prices reaching 299.99 euros between 8:45 AM and 9:00 AM.
- —While prices in Latvia and Lithuania will mirror Estonia's, Finland will see electricity at a lower average of 168.41 euros per megawatt-hour.
- —High consumption, including a new record of 1723 megawatts set on February 6, contributed to previous price surges, exacerbated by issues with renewable energy sources and power plant maintenance.
Recap
The recurring, sharp electricity price increases in Estonia signal a systemic fragility in its energy supply. Despite recent capacity additions, the market remains highly susceptible to demand peaks and generation shortfalls, particularly from renewables and plants under maintenance. This persistent volatility translates directly into significant economic pressure on households and businesses, undermining long-term energy security.