Electricity prices in Finland are expected to remain moderate through the rest of the year, offering a more predictable outlook after a volatile winter, according to Talouselämä.
Futures-based estimates suggest prices will stay below six cents per kilowatt hour during the summer, before rising gradually. In the final quarter, the average is forecast to peak at around 8.09 cents, the financial magazine wrote today.
This follows a sharp correction earlier in the year. In January and February, average prices reached 14.72 and 17.22 cents per kilowatt hour. Warmer weather then reduced demand, pushing March down to 3.49 cents. More recently, prices have stabilized, with the past week averaging 9.16 cents and the 30-day average at 6.17 cents.
Demand, however, is clearly rising. Electrification and the expansion of data centers are adding sustained pressure on the system and reshaping consumption patterns.
Finland's transmission system operator Fingrid’s Senior Advisor Risto Kuusi stresses the importance of aligning demand and supply. “What would be essential here is that major new industrial electricity consumers, including data centers, enter into power purchase agreements that enable the construction of additional electricity production,” Kuusi says.
At the same time, the growing share of wind power introduces variability, increasing the need for flexible capacity such as hydropower and bioenergy.
In Finland, the average taxed spot electricity price in 2025 was about 5.09 cents per kilowatt hour, the lowest in Europe in a country-by-country comparison. The key challenge is how quickly it can expand clean electricity production to keep pace with demand.
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