Storm Drives Electricity Prices into Negative Territory: Finland’s Wholesale Market Hits Record Low
A storm sweeping across Finland led to a surge in wind power generation, causing wholesale electricity prices to plummet to near-zero levels. Data from Nord Pool on October 6 confirmed the phenomenon.
The average daily wholesale electricity price in Finland fell to €0.82 per megawatt-hour (approximately 78 rubles). The peak price reached €2.17, while the lowest point dipped to minus €0.40. This represents a dramatic shift from the previous month, when the average price stood at nearly €57 per megawatt-hour.
The sharp decline was driven by strong winds that hit Finland, with gusts reaching up to 28 meters per second, significantly increasing output from wind turbines. At the same time, the storm triggered widespread power outages. According to Gazeta.Ru, over 7,000 households lost electricity on the day of the storm.
On September 26, The New York Post reported that a man in New York died after being struck by a falling tree during a severe storm. Authorities stated the 56-year-old victim sustained multiple traumatic injuries and was pronounced dead following hospital admission.
Original article: toutiao.com/article/1878350241653769/
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