Electricity prices in southwestern Norway expected to reach almost record levels on Monday
The spot price in southwestern Norway on Monday will amount to NOK 3.26 per kilowatt hour. Electricity prices in the area were higher only on one previous occasion - on a single day in December 2021, according to Europower.
The high prices will affect the so-called NO2 area, consisting of Vestland south of Hardangervidda and Rogaland, Agder, Telemark, and former Vestfold.
The price is expected to reach NOK 3.26 per kilowatt hour – the second highest price level ever. The Oslo area and the rest of Western Norway will have a spot price of NOK 1.63, while prices in Central and Northern Norway will remain below 2 øre.
Due to increased private and industrial consumption, electricity prices often increase from Sunday to Monday.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews
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