September 29, 2022

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Therefore, electricity will be cheaper on Sunday in southern Norway

Therefore, electricity will be cheaper on Sunday in southern Norway

Autumn doesn’t just bring darkness. On Sunday, electricity will be cheaper in southern Norway for a while.

On Sunday, electricity prices will drop in southern Norway. Fall weather in Europe means increased production.

Before the weekend, you can shower with a clear conscience. Electricity prices are the same as a year ago: NOK 1.15 per kilowatt hour.

But why has the price dropped now?

Weather in Europe

Sondre Donder Heckheim is an energy analyst at Stormgeo Nena. According to him, strong winds in Europe can be thanked for the price drop.

– Germany, England and Denmark have a lot of wind. Prices are lower than here. This means they export more electricity to southern Norway and have lower prices, he says.

All three countries have developed large amounts of wind power. When the wind blows, more electricity is produced and the price goes down.

The energy analyst insists this is coupled with Sunday consumption, which is generally lower.

More wind in autumn

The daily average on Sunday is NOK 1.15 per kilowatt-hour, excluding network rent and charges, he writes E24. Before this, the average price was in September 493 øre per kilowatt hour.

Energy analysts say they haven’t had as much wind since May as Germany is now experiencing.

Whether prices will remain low beyond the fall is more difficult to determine.

– If we look back at historical wind conditions over the past seven years, Heckheim says fall is now more windy.

– Is this good news for us who pay electricity?

– Absolutely!

Bathing can earn money

Electricity won’t just be cheap. You can make money on it because of power support, he writes VG.

In regions of southern Norway where electricity subsidies are offered, the price you pay out of your own pocket is in red. According to the newspaper, Sunday mornings are best paid between midnight and 7am.

This is possible because the electricity subsidy is calculated from the average price every month, while the price you pay for electricity is calculated from the time you actually use it. The price from Saturday afternoon and night to Sunday is lower than the price based on electricity subsidy.

It is not yet certain whether this will happen as it is not clear what the electricity subsidy will be for September.

Prices are even lower in northern Norway. There, a kilowatt hour costs an average of 21 øre. In central Norway, the price is 29 øre per kilowatt-hour on Sundays, writes E24.