Comment on Price of electricity in Finland peaks at 2.35€/kWh today. Keeping my tiny granny cottage warm costs me over 50 euros for a single day. It's negative 25C (77F) outside.

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Hotzilla@sopuli.xyz ⁨10⁩ ⁨months⁩ ago

Mainly the reason is that many countries do not have hourly capable meters, so calculating the price for each hour is not possible. Flat rate is needed when you just have the cumulative read once a month.

In Finland the meters communicate automatically once a day, and send the 24h values to grid company. The next generation meters which are now installed can communicate once a hour.

30% of Finns are on spot.

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