He notes that the temperatures at the beginning of December are slightly above normal and that the water reservoirs are well-filled, while the wind is blowing well for wind power right now. This affects the electricity prices downward.
But he adds that the electricity price differences are large.
"Not only from hour to hour but also between the four electricity areas: Even lower consumption during weekends and higher consumption on weekdays affect the electricity price," he says according to a press release.
"What, however, affects the most is the unpredictable and shifting weather, which in turn creates both electricity price peaks and record-low electricity prices.
So-called icing on large rivers like the Lule River – which is done to create stable production conditions for the rest of the winter – temporarily reduces power production.
"The limitation is expected to have a smaller impact on electricity prices, largely thanks to wind power. Icing for hydroelectric power in other watercourses will continue during December" writes Vattenfall.
Prices in southern Sweden and Denmark are simultaneously affected by the fact that the gas price has started to rise, not least in Germany.
