Right now 0.058 €/kWh +14,6 %
0.132 €/kWh at 20-21 0.013 €/kWh at 14-15 ~0.057 €/kWh0.79 € 0.08 €
10 min, 160 l of water = ~6 kWh
0.99 € 0.10 €
200 liters of water = ~7,5 kWh
1000W x 24 hours = 24 kWh
0.02 € <0.01 €
Hot plate for 4 min = ~0,12 kWh
0.15 € 0.01 €
Oven for 30 min = ~1,1 kWh
5.95 € 0.60 €
Nissan Leaf 10-80% = ~45 kWh
Estonia's energy landscape is distinct, with a significant portion of its electricity generated from oil shale. This abundant natural resource has historically been the backbone of the country's energy production.
While oil shale remains a major energy source, Estonia is gradually diversifying its energy mix. The incorporation of renewable sources, such as wind and solar power, is part of this strategic shift towards sustainable energy practices.
Over 98% of Estonian households are equipped with smart meters, following European Union regulations. These advanced meters provide real-time data on electricity usage, measuring consumption hourly.
The widespread adoption of smart meters allows consumers to be more informed about their energy usage. Most Estonians have electricity plans linked to the current spot price, enabling them to respond to hourly price fluctuations and manage their consumption more efficiently.
Estonia is an active participant in the European Union's electricity market. This integration is pivotal for the country's energy policy and market dynamics.
Being part of the EU market allows Estonia to engage in cross-border electricity trade. This not only ensures a more stable supply but also provides opportunities for economic and technological collaboration with other member states.
The Estonian electricity grid is interconnected with several neighboring countries. These connections facilitate the exchange of electricity and enhance the overall reliability and efficiency of the energy supply.
Such interconnectivity is crucial for balancing electricity supply and demand, especially considering the variable nature of renewable energy sources. It also plays a significant role in regional energy security and cooperation.
Estonia is increasingly focusing on renewable energy sources to reduce its dependence on oil shale. This shift is driven by environmental concerns and the global trend towards sustainable energy.
Investments in wind, solar, and biomass technologies are part of Estonia's commitment to reducing greenhouse gas emissions. The country aims to meet its renewable energy targets set by the European Union, contributing to a cleaner and more sustainable future.
The transition from oil shale to more sustainable energy sources presents both challenges and opportunities for Estonia. Adapting the existing infrastructure and ensuring a just transition for communities dependent on traditional energy sectors are key challenges.
However, this transition also opens up opportunities for innovation in the energy sector. Estonia's commitment to technological advancement and sustainability is likely to position it as a leader in renewable energy and smart grid technologies.
In conclusion, Estonia's electricity market is undergoing a significant transformation. The country's reliance on oil shale is being balanced with a growing emphasis on renewable energy sources.
The widespread use of smart meters, integration into the EU electricity market, and connections with neighboring countries are integral aspects of Estonia's energy landscape. As Estonia continues to evolve its energy sector, it remains committed to sustainability, efficiency, and regional cooperation.
The price of electricity can fluctuate a lot during the day and charging an electric car consumes a lot of electricity. With the cost of electricity today in Estonia it is 5.35 € cheaper to charge at the hours with the lowest price.
Heating is one of the things that consumes the most electricity in a typical home. You save about 5% of the costs for heating for every degree you lower the interior temperature.
Most electricity companies in Europe buy electricity on a common market place, such as Nord Pool. All power plants that produce electricity and electricity companies that supply electricity to homes and businesses meet there. Based on supply and demand, prices are set for each hour and each area, one day in advance. Some countries, such as Norway, are divided into several different price areas, each of which has its own spot price.
All prices are current open market spot prices in the day-ahead segment without local vat, tax or other additions.
Timezone is Central European Time (CET) with Daylight Saving Time (DST). Current time: Sat, 04 May 2024 09:35
Data source is ENTSO-E