The Price of Electricity in the Nord Pool Spot Market – What Causes Price Fluctuations?
The price of electricity in the Nord Pool Spot Market, commonly referred to as “pörssisähkö” in Finland, is a topic of great interest to consumers, businesses, and policymakers alike. Unlike fixed-rate electricity contracts, where the price remains constant, pörssisähkö prices fluctuate hourly based on supply and demand dynamics in the market. These fluctuations can lead … Read more