Electricity prices in southwestern Norway expected to reach almost record levels on Monday

ElectricityPhoto: Casey Horner / Unsplash
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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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