OREANDA-NEWS. Electricity price in Estonia increased by 8.5% in September, comparing to previous month, reaching 47.38 €/MWh. In Finland, price increased by 9.9%, averaging at 47.76 €/MWh. The average price of Latvian and Lithuania bidding area increased by 20.8% to 61.99 €/MWh.

The Nordic hydro reservoir levels remaining below normal. Probable shutdown of the U.S. government influencing the crude oil price. The upward trend of European carbon permits continued throughout September. The price of German 2014 base energy contract continued to rise during September. Coal price remaining almost in similar level to August.