Low consumption, and favorable wind forces for wind power in Southern Sweden and Denmark, put a lot of pressure on the price of electricity on the Nord Pool electricity exchange.
Between 1pm and 3pm on Sunday afternoon, exchange-traded electricity costs minus one penny throughout the country. In parts of Denmark, there is also a super sale with minus 6 öre for a kilowatt hour.
The Finns also have negative electricity prices for a few hours, while the Norwegians, at least those who live in southern Norway, as usual these days pay significantly more, around a krone.
Then the electricity price goes away
But the joy is short-lived and the swings are big. Towards the evening it cools down, consumption increases slightly, and the electricity price goes towards SEK 1:30/kWh in the southernmost part, electricity area 4, while the rest of the country records prices just under 50 öre, according to the future pricing at Nord Pool.
Before Monday, May 1, the average daily price has been set at just under 60 öre/kWh throughout Sweden.
Hourly prices or daily prices really only affect those with hourly price agreements. Those with a regular variable electricity price agreement pay an average price over the month.
On top of the market price, the electricity company’s mark-up, electricity tax, VAT and electricity grid fee of over one kroner per kilowatt-hour are added.
16 questions: How do you influence the electricity price?
