A Finnish man at a hockey rink.
A Finnish man at a hockey rink.
  • A Finnish company made a huge mistake in an electricity bid, offering way more power than it had.
  • This mistake drove Friday electricity prices down to negative €203 per megawatt-hour.
  • Finns could actually be paid to use electricity on Friday because of the extremely low prices.

A jaw-dropping blunder in Finland's electricity market temporarily sent prices into chaos today — and could result in Finns actually being paid to use electricity.

Finnish energy company Kinect Energy admitted it accidentally offered to sell a huge amount of power for delivery tomorrow, over 5,700 megawatts an hour, far more than it could actually provide.