In 2020, Norway registered the lowest electricity price in the last 18 years
The start of 2021 has been very cold, and electricity prices have set new records. Last year, on the other hand, electricity prices were very…
Electricity prices
Electricity prices in Norway soared on Monday morning
On Monday, the price of electricity jumped to NOK 2.60 per kilowatt-hour in a few hours. The cold weather will create expenses for a lot…
Norway registers lowest electricity price in 20 years
Record low electricity prices were registered in Norway in both the second and third quarters of this year. The prices have not been as low…
Did Norway really pay residents for using electricity? Yup. Here’s what happened
It’s a rare occurrence when people get paid to use a utility like electricity, and not the other way around. Rare… But possible. An out-of-the…
Consumer watchdog suspects electricity companies are deceiving Norwegians on pricing
The Consumer Council believes that 29 electricity companies have engaged in extensive price fraud. On Tuesday, the Consumer Council complained to the Norwegian Consumer Agency…
End of record-breaking electricity – now prices are rising
After a summer of record-breaking electricity, prices are now rising, but they are lower than at the same time last year. Figures from Nord Pool…
Record low electricity prices mean that Oslo Municipality is losing huge amounts
The low power prices mean that Oslo Municipality is missing out on NOK 750 million in dividends from Hafslund E-CO this year. Hafslund E-CO is…
Electricity producers are affected by low electricity prices
The price of electricity has never been lower, and power analysts believe the level will remain low throughout the autumn and winter. – “Right now…
Record-high amounts of snow provide the cheapest electricity in history
Never before has Norway had such cheap electricity. Melting record-high amounts of snow lead to power prices to a historic bottom. On Wednesday, the electricity…
Electricity prices halved during the winter
Electricity prices were 51.4 percent lower in the first quarter of this year than in the first quarter of last year. This shows new figures…
Historically low electricity prices in April
Large amounts of snow in the mountains, rainfall, wind and warm weather led to historically low electricity prices in April. The average electricity price for…
Sudden fall in electricity prices
Precipitation and mild weather have sent electricity prices plummeting at the end of 2019. The outlook for the New Year now looks considerably better than…
More unstable electricity prices await, according to power organization
The price of electricity could make several short-term increases ahead when solar and wind power replace more of the stable sources of coal and nuclear…
Electricity prices have gone down
After very high electricity prices in the previous three quarters, the price has now fallen in the second quarter. Compared to the second quarter of…
Lowest electricity prices since 2015
On Saturday, electricity prices fell to the lowest level since 2015. Much wind power coming from Europe, low demand, and all the rain in recent…
Snow deficit could result in record high electricity prices
A snow deficit in the mountains could give the highest electricity prices ever warned the Norwegian Water Resources and Energy Directorate (NVE). Electricity prices rose…
Electricity prices may remain high until spring
Electricity prices may remain high until spring Drought, rainfall and expensive coal and gas have all contributed to high electricity prices. The market shows…
Still high electricity prices for households
The average price of electricity for households, excluding taxes and grid rent, was 55.3 øre per kWh in the third quarter of 2018. This is…
The autumn rain gives lower electricity prices
While the water rises in the hydropower trays, electricity prices are going down. Prices have fallen sharply in the past two weeks. Last week,…
Surge in electricity prices
Power prices are at their highest level in 13 months, and are expected to stay high throughout the spring. Unusually cold weather is to blame….
