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Saturday, February 22, 2020

Sweden: Why electricity prices are set for record lows throughout 2020 in Sweden

More wind power and windy weather, along with a lot of water in reservoirs, are two of the factors behind the forecasts.

On the Nordpool power exchange, a kilowatt-hour currently costs around 15 öre, which is extremely low for mid-winter.

The so-called futures, or prices for the second and third quarter, are
currently set at around ten öre, and likely to rise to around 24 öre in
the fourth quarter of 2020.

Read more at: Why electricity prices are set for record lows throughout 2020 in Sweden - The Local