It is cold and weak winds with little wind power production, both in Sweden, Denmark and Germany. Then the price of electricity in the southern part of the country is skyrocketing. In electricity area 4, southern Götaland, the price lands at 2.46 kronor/kWh on average over the day, with peaks of almost five kronor on Tuesday afternoon/evening.
Even in electricity area 3, northern Götaland and Svealand, the average price is unusually high, at SEK 2.13. This is also a record level for 2025, according to the electricity exchange Nord Pool.
Big differences
In Norrland, the price is clearly lower on Tuesday, 20-40 öre/kWh.
On top of the stock exchange price, there is electricity tax, VAT and electricity network fee of well over one krona per kWh.
On Wednesday, the price drops but remains high, at 1.08 and 1.78 kronor respectively in electricity areas 3 and 4. In the north it is only 6-10 öre/kWh, according to pricing on the electricity exchange.
And the rest of the week is expected to be milder and windier, according to the forecasts. This will likely cause prices to drop even further for electricity consumers, especially in the south.
Most expensive since February
So far in November, the average price of electricity in the southern half of the country is 75-85 öre, the highest since February earlier this year. In November last year, the price was at about the same level.
For most electricity customers, with a variable monthly price, it is the average price seen over the entire month that determines the electricity bill.
