Electricity price peaks being cut as the cold eases

In recent days, the price has, for the first time in a month (with some exceptions), fallen below one krona per kWh.

Now we are expecting slightly colder weather, light winds for a couple of days, and probably rising electricity prices again. After that it will get warmer.

"The average daily temperature rises by 4-5 degrees, which reduces consumption," writes electricity analyst Johan Sigvardsson at Bixia in a comment to TT.

However, there will be no price drop. It is a dry year in the north and therefore there is less water available to produce electricity.

"To sum up: some relief is coming due to rising temperatures. We are heading towards a February that will average 1.15 SEK/kWh," Sigvardsson predicts.