Current, NordPool | Electricity prices continue to rise
The remnants of the weekend’s storm are now gone on the continent, and the temperature is below normal. At the same time, the gas price remains at a stable high level.
This again pushes upward on current. This happens at the same time that hydropower producers reached really hold back production due to lack of rainfall.
Then it is poor consolation that it is very windy on the west coast of Great Britain.
The price of electricity continues to rise
Power exchange Nordpool reports that the average price in southern Norway will be NOK 4.85 per kWh, which is a slight increase of 2.6 percent.
The price variation is partly significant with a difference of 2.5 kroner throughout the day.
The electricity prices throughout the day today and tomorrow:
At the same time as the price rises slightly in the south, they fall back in both central and northern Norway, which continue with what are historically normal prices.
Import – with lower prices
The price is on average a little lower in southern Norway than in Denmark and Germany, at the same time as it is imported little more power than is exported.
This means that there is currently a delicate balance that creates attempts to exploit the price variation during the day, while at the same time avoiding net exports such as taper magazines.
Without special water in the reservoirs to export, and higher prices in our neighboring country, Southern Norway thus continues importing electricity. What is particularly striking is that importing from England is at almost full capacity around the clock.
- England: 28 GWh imports
- Germany: 0.4 GWh net import
- Denmark: 2.8 GWh net import
- Sweden (SE3): 8.2 GWh net import