Britt-Marii Pung

Google has published a list of the year’s most searched words. At the top of the ranking we also find the keyword ‘electricity exchange price’. Indeed, the price of electricity has often been a topic of discussion, especially when it is expensive. Among other things, the year was marked by the failure of Estlink 2 and the resulting increase in electricity prices in the summer, when we would otherwise enjoy rather low prices thanks to high renewable energy production.

Autumn is here again and has brought the question of whether the electricity prices are expected to rise. While colder weather generally means higher consumption and more expensive prices, predicting the actual is difficult. It is therefore good to know what preventive measures can help to keep costs down, even if electricity prices were to rise.