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Business & Economics

Report: Spot-price electricity customers significantly change consumption habits

Yle News
Summary
Nutrition label

81% Informative

Finland 's electricity prices are relatively volatile, due to frequent changes in supply and demand.

The spot price of electricity hit a historic peak of more than two euros per kilowatt hour in January of 2024 , while an error caused the hourly price to briefly bottom out at around a negative 50 cents last November .

The type of electricity contract households have directly affects how they react to price changes.

VR Score

91

Informative language

96

Neutral language

82

Article tone

semi-formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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