Estonia sees sharp electricity price increase due to reduced renewables

dp.ru (Russian)

Estonia's electricity prices are set to surge by 1900% on December 26, reaching 4 cents per kWh, a significant jump from the previous day's low. This sharp increase is attributed to reduced wind and solar power generation, leading to greater reliance on more expensive fossil fuel plants. Neighboring Latvia and Lithuania face even higher prices. Previous months saw rising average prices, influenced by weather and decreased renewable output. Estonia is introducing new charges for energy independence starting in 2026.


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