April 2024 Energy Market Review by Competition Authority
The Estonian Competition Authority's report on the energy markets in April 2024 reveals insights into electricity and gas prices and factors influencing them.
20.05.2024 | Estonian competition authority
The average electricity prices in April 2024 for Estonia, Latvia, Lithuania, and Finland were detailed, showing variations among the regions.
The report highlights how maintenance works at power plants and transmission capacity constraints impacted electricity prices in Estonia. It also provides forecasts for electricity and gas prices, indicating a peak in the first quarter of 2025.
Additionally, the review includes the average gas price traded on the Baltic-Finland gas exchange, along with a comparison of electricity and gas package prices, revealing the most cost-effective options available.