Electricity prices jump in southern Sweden as weaker wind lifts rates

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Electricity prices jump in southern Sweden as weaker wind lifts rates
Photo: Johan Nilsson / TT

It is not an unusually high price, but high for summer, says Patrik Södersten, electricity price expert at the electricity trading company Fortum, to TT.

Weaker wind power production in the Nordic countries is his explanation for this sudden change.

However, Patrik Södersten says the electricity price we have had in recent days is unusually low compared with earlier in the summer. This is partly due to the fact that the Oskarshamn nuclear power plant reopened in July after being closed for some time, he says.

On August 6, for example, the daily price per kilowatt hour was 7 öre across the country.

During evenings and mornings, electricity prices spike because electricity consumption is high and solar energy is low.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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