weather, cold | It dropped to minus 29 in Telemark on Friday – this is how electricity prices are affected

weather, cold |  It dropped to minus 29 in Telemark on Friday – this is how electricity prices are affected

In 1941, a cold record was set in Oslo: the temperature at the official measuring point in Blindern was 26.0 °C.

This weekend, those temperatures could be crushing. Meteorologist Martin Granerod, who works for the Meteorological Institute, confirms this to Netavision.

A freezing temperature of 25 degrees below zero was recorded in Skene on Friday morning. A little further up in the county, in Åmotsdal, the mercury drops even further. A total of 29 below zero frosts have been recorded here. This is according to weather service Windy.com.

At the same time, Statnet reports that they exist It limited the ability to import electricity from the UK. This means that less electricity can be imported when the cold is worst.

This is an unfortunate combination of electricity prices in general.

Measured at minus 43 telemark

Telemarksavisa The temperature in Møsvann on February 9, 1966 was 43 degrees below zero, but it was far from the only cold place. It was minus 41 degrees at Løberg in Gjerpen and minus 40 degrees at Kilebygda.

“From Maswan, we were informed at 7.30 that it was minus 40 degrees, but last night the minimum was 43. — That was the lowest we measured. We measured 42 or 43 minus degrees in 1942, but we were not so low, it is said from above.”

It should be emphasized that these measurements are unofficial.

The Meteorological Center's official cold record was minus 37.8 degrees measured in Gwar.

I think Norway will be saved by power cables

These kinds of extremely low temperatures usually send electricity prices skyrocketing, but according to electricity analyst Tor Reier Lilleholt, Norwegians can now count themselves happy for foreign cables.

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The rest of Europe seems to be unaffected by the cold, but on the other hand, renewable electricity can produce a lot. This can be sent to Norway even if the cable to the UK is down.

– According to my calculations, we can tolerate it very well. In our forecast, there should be no imports from the UK. It is very important that we get more power from both the Netherlands, Denmark and Germany. Now the price has come down. They have enough gas. It's been written about the risk of too little gas if it's too cold and things like that, but the gas market is in good shape. Those prices are limited to extreme prices in the Nordics. So there's the opposite effect here, says Lillihold to Netavision.

Less consumption on the weekend

After all, the cold shock comes at the end of the week and the weekend, where consumption is less. On top of that, extreme weather activity has decreased in southern Norway.

– If you get 5,000 MW Export or import A lot of meaning. An even balance between Europe and the Nordic countries is now projected. This means that for some hours you export and for some hours you import. You get the same prices across Europe and the Nordics. We can draw a lot of power when Europe doesn't have an extreme situation that pulls it into the sky.

Lillihold believes this is something you should pay attention to:

– I feel that every time there is a connection with Europe the politicians shout that it is “pulling the prices by the hair”, but now I think that gas prices in the coming years may lower electricity prices in the Nordics. He says prices may not be high enough to invest in adequate energy.

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Joshi Akinjide

Joshi Akinjide

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