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That massive spike of 50c/kWh at the left looks tiny compared to today even though that's already insanely expensive
That is an insane price, and it feels like it should be illegal.
Further integration at an EU level would allow energy supply to be less influenced by local issues.
Spot rate pricing for electricity is uncommon among households for exactly this reason. The price is most likely the result of energy market conditions, rather than nefarious actors in the market intentionally manipulating market conditions.
Usually there's a company that would be absorbing that risk of price fluctuations by charging slightly more than the baseline normal so that they can afford to charge households at a loss for the short periods where the price spikes as insanely as this.
Ouch.
Meanwhile, in Portugal, my peak energy price will be around €.10, with the minimum at around €.06
To what degree is your house insulated already?
Normal energy price in Finland around 0,04€ - 0,10€/kWh. Last year average was 0,068€/kWh
What’s the renewable energy like in a Finland during the winter? Solar, wind, or geothermal common and working?
Last 12 months Finland had electricity 87% with low carbon sources and 43% with renewables (source: https://app.electricitymaps.com/zone/FI )
During winter it stays pretty similar, because nuclear is 45%, wind 17%, hydro 17%, biomass 8% and solar is only 0.03%.
Coal is only 8%, but produces 58% of all CO2, which shows how bad it is.
Finland is too much north to hope for efficient solar energy.
In winter yeah but we have long ass days in the summer and even in early spring they work surprisingly well as solar panels are more efficient in cold temperatures.