Figures from the electricity exchange Nord Pool, where spot prices for the next day are set, show that prices for Saturday have collapsed. They are highest at 2.5 öre per kilowatt-hour (kWh) in the southernmost of the four electricity areas, writes Dagens industri.
Earlier in the week, they were highest at 192 öre per kWh.
The lower prices over the weekend are due partly to lower electricity consumption since it is warmer than normal and a weekend, but mainly to a lot of wind, says Christian Holtz, electricity expert at the consulting firm Merlin & Metis to Di.
But the low prices will already rise on Sunday to between around 7 and around 19 öre in the four areas, and then it will continue.
Especially Monday and Tuesday are expected to offer high electricity prices, as the wind dies down, we get higher electricity prices in Germany and electricity consumption increases, says Holtz.
The windy weather is also reflected in the statistics on Svenska kraftnät's website Kontrollrummet on power distribution in Sweden.
At 19:00 on Saturday, wind power accounted for 53 percent of electricity production in the country, more than twice as much as nuclear power, in second place with 26 percent.
