On the last day of the workweek, even when it reaches its peak price, the cost of exchange electricity, which includes the value-added tax, is less than two cents for every kilowatt hour.
Exchange electricity is incredibly affordable on Fridays. When taking into account the overall cost of electricity, inclusive of the value-added tax, the average price hovers around only 0.4 cents for every kilowatt hour.
On Friday mornings, an interesting phenomenon occurs where the hourly price of electricity drops to zero from four to seven. Following ten o’clock in the evening, the price even plunges into the negative. The lowest price of electricity occurs during the transition from Friday to Saturday. Between twelve and one in the morning, the price dips to negative 0.1 cents.
For the majority of the day, the hourly price of electricity remains below one cent for each kilowatt hour. Exchange electricity reaches its highest cost between 9 and 10 in the morning. During this period, electricity, inclusive of VAT, costs roughly 1.8 cents for each kilowatt hour.
According to predictions made by the grid company Fingrid, Finland’s wind turbines are anticipated to generate a large amount of electricity on Friday. As an illustration, at seven o’clock on Friday evening, the wind turbines are projected to generate electricity with a power exceeding 5,800 megawatts.
The total capacity utilized in the wind power forecast surpasses 7,000 megawatts.
