Electricity prices jump in southern
Photo: Johan Nilsson / TT

Electricity prices jump in southern Sweden as weaker wind lifts rates

The electricity price in Sweden in areas 3 and 4, i.e. south of Borlänge, has jumped. From a daily price of 25 and 39 öre per kilowatt hour on Tuesday to a daily price of 94 öre and around 1 krona and 30 öre on Wednesday.

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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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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