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Minus electricity prices in large parts of Norway on Sunday


On Sunday, the price drops to below zero in the middle of the day in almost all of Norway. Only the northern price areas avoid negative prices. Photo: Lise Åserud / NTB

Of NTB | 18.05.2024 15:49:32

Economy and business: Between 2 and 3 p.m., customers in Eastern and Southern Norway receive a spot price of -17 øre per kilowatt hour (kWh), while customers in Western Norway receive a price of -15 øre/kWh, writes the industry website Europower.

In the two northernmost price areas in Norway, i.e. Mid-Norway and Northern Norway, you don’t get minus prices, but customers in these areas probably won’t have a headache for that reason. In the middle of the day there are three hours with zero prices, and at its highest the electricity price is only 10 øre/kWh. On average, electricity costs 4 øre/kWh on Sunday for these areas.

In Eastern Norway, Southern Norway and Western Norway, the average price will be 18 øre/kWh, 35 øre/kWh and 19 øre/kWh respectively

(© NTB)


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