Electricity prices are staying lower due to high winds.
Strong winds along large parts of the Norwegian coast on Thursday, as well as several countries with large wind turbines, provide a short break in extreme prices for electricity.
The wind seems to hit large parts of the coastal wind power.
Along with finds, there is also precipitation that hits large parts of Western Norway.
Normal prices part of days
The power exchange Nordpool reports that the average electricity price in Europe drops slightly from Wednesday’s levels, which is significantly lower than the extreme levels earlier in the week.
Especially in the middle of the day, strong winds will push prices in Denmark, Germany and Sweden down to what we would call normal levels – and in southern Sweden down to prices in northern Norway.
Still expensive in southern Norway
But in southern Norway, prices continue to be significantly higher than in the countries around us. The average price will be twice as high as in southern Sweden, and 50 percent higher than in Sweden.
The reason why southern Norway continues to have the high prices is that hydropower producers are now holding back production due to the low water level in the reservoirs. These are at a historically low level and it can produce less now, bet means they get a bigger reserve for the winter.
In Central and Northern Norway, on the other hand, the very low electricity prices continue.
Exports to England and the Netherlands also continue where prices are even higher.