Europe

Electricity prices on Friday were more than 50 times higher in Oslo than in Stockholm.

Photo: Thomas Despeyroux / Unsplash

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Stockholm has been cheaper than Oslo in the past year. On Friday, Swedish consumers had access to electricity almost free of charge.

Electricity prices on Friday were more than 50 times higher in Oslo than in Stockholm. The electricity bill in Stockholm was 3 øre per kilowatt hour (kWh). At the same time, it cost NOK 1.63 in the Oslo and Bergen price range, the Nationen newspaper wrote.

Lene Hagen, an analyst at Volue Insight, points out two main reasons why prices are so different.

“Swedes have good transmission capacity between the north and the south, and more wind power will lower prices,” he said.

Neighboring countries in eastern Norway have been cheaper than southern Norway almost every month since July 2021. The exception is December, when electricity prices in Oslo are 0.16 ° cheaper than Stockholm.

So far in 2022, Swedes had cheaper electricity every week than Norwegians.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews

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https://norwaytoday.info/news/on-friday-electricity-was-more-than-50-times-more-expensive-in-oslo-than-in-stockholm/ Electricity prices on Friday were more than 50 times higher in Oslo than in Stockholm.

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