Statistics Norway: New electricity price record registered in the first quarter
Norwegian households paid an average of 117.2 øre/kWh for electricity in the first quarter of 2022. That is a new electricity price record. The price…
Electricity prices in Norway
Delayed melting of snow will probably lead to even more expensive electricity in Norway
Low temperatures are delaying the melting of snow, which can lead to even more expensive electricity for people in Southern Norway. The spot price on…
The electricity subsidy costs for 2022 expected to reach 22 billion kroner
The Norwegian government confirmed on Friday that it will extend the electricity subsidy until March next year. The total bill is expected to be over…
Norwegian farmers ask for crisis support measures as fertilizer and electricity prices soar
The Norwegian Farmers’ Association is asking the government to present support measures to address the spike in electricity, fuel, and fertilizer prices. “The price that…
New figures: 36% more households in Norway receive housing benefits due to high electricity prices
A total of 97,000 households received housing benefits in March, 26,000 more than before the scheme was adjusted upwards due to the price of electricity….
High electricity prices in Norway have increased the demand for solar panels
The demand for installing solar panels has increased sharply as a result of the high electricity prices, according to Solenergiklyngen and Solenergi Norge AS. The…
Statnett: 10% of the high electricity prices in Norway due to new foreign cables
The price effect of the two new power cables to Germany and England is around 10% of the high energy prices since last autumn, according…
Norwegian municipalities are reporting record revenues due to high electricity prices
New figures from Statistics Norway (SSB) show that the revenues of Norwegian municipalities from licensed power increased by 50% in 2021, new figures from Statistics…
Russian invasion may contribute to strong growth in electricity prices in Southern Norway next week
The attack on Ukraine is driving up gas prices. Together with less wind, it could lead to the power price in Southern Norway increasing by…
SSB: Norway registered the highest electricity price ever measured in the fourth quarter of 2021
The average electricity price for households was 108.1 øre / kWh in the fourth quarter of 2021, not including taxes and grid rent. This is…
Statnett cuts grid rent to Norwegian consumers by 4 billion kroner
Statnett plans to cut the grid rent for Norwegian electricity users and industry by NOK 4 billion in 2022 due to unusually high revenues. “Even…
Oslo City Council chief Raymond Johansen wants to lower electricity prices for residents. This is his plan
Oslo Municipality is open to lowering the electricity bills of its residents via its power company – but is dependent on the Minister of Finance…
Norway’s Finance Minister Vedum wants a better system for fixed prices for electricity
Minister of Finance Trygve Slagsvold Vedum (SP) says they are working to ensure that Norwegians receive a better offer of a fixed price for electricity…
Norway’s Statkraft reports 3.9 billion kroner in profit for Q4 due to high electricity prices
Statkraft achieved a profit after tax of NOK 3.9 billion in the fourth quarter last year. That is NOK 200 million more than in the…
PHOTO: Demonstrations against high electricity prices across Norway
On Tuesday, there were demonstrations against high electricity prices in 21 places in Norway. In Oslo, about 500 people showed up, according to the police….
Suldal Municipality to give out 10,000 kroner in electricity subsidies to low-income residents
Suldal Municipality wants to give families with less than NOK 600,000 in gross income and single people who earn less than NOK 400,000 the opportunity…
PM Støre promises electricity subsidies next winter if the prices soar again
Prime Minister Jonas Gahr Støre (AP) promised to help Norwegians pay their electricity bills if electricity prices next winter become as high as they have…
NVE chief asks Norwegians to prepare for long-term high electricity prices
The price of electricity can be very high for a long time, director of the Norwegian Water Resources and Energy Directorate (NVE) Kjetil Lund warned…
NVE: Lower electricity prices registered in the Nordic region last week
Mild weather in the Nordic region contributed to lower power consumption and lower prices last week. Weekly wind power production in the Nordic region was…
Norwegian government and SV reach agreement on raising the electricity subsidy from 55 to 80%
The Norwegian government and the Socialist Left Party (SV) have reached an agreement on raising the electricity subsidy. From January, the compensation level will increase…
