pörssisähkön

Pörssisähkö, also known as spot electricity or real-time electricity pricing, is a pricing model for electricity where the price is determined by the real-time supply and demand on the electricity market. This means the price of electricity can fluctuate significantly throughout the day and even hour by hour. In countries with liberalized electricity markets, such as Finland, consumers can choose to purchase their electricity based on these fluctuating market prices.

The price of pörssisähkö is typically set in hourly or half-hourly intervals on an electricity exchange. Factors influencing the price include the availability of power generation (e.g., how much wind or solar power is being produced, or if nuclear power plants are operational), electricity consumption levels (e.g., higher demand during cold winter evenings), and the cost of fuels used in power generation.

Consumers who opt for pörssisähkö contracts often have a variable monthly electricity bill, reflecting the actual market prices they have paid. This can be advantageous for consumers who are able to shift their electricity consumption to times when prices are lower, such as using appliances during the night or off-peak hours. Conversely, prices can be significantly higher during peak demand periods, meaning consumers need to be mindful of their usage patterns. The concept aims to create a more efficient and transparent electricity market by directly linking consumer costs to prevailing market conditions.