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This year's electricity prices – the highest since 2010

The average price on the electricity exchange Nord Pool Spot was 45 öre/kWh in 2018, which is an increase of nearly 17 penny, or 60 per cent, compared with 2017

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This year's electricity prices – the highest since 2010

The average price on the electricity exchange Nord Pool Spot was 45 öre/kWh in 2018, which is an increase of nearly 17 penny, or 60 per cent, compared with 2017.

– Hydro power is very cheap, and we usually have lower prices than on the continent. But in the years when we have not had as much water, the price has to a greater extent set by the fossil-based power generation in the world and therefore is tredubblingen of the price of emission allowances, a key reason for the higher price of electricity, " says Magnus Thorstensson.

Read more: more Expensive electricity in the winter so you save hundreds of pounds.

, the frugal rain and bad snow removal have done that we have a deficit of water.

– And when we do not have enough hydro power, which covers the demand, so you have to take expensive power utilized to cover the needs, " says Thorstensson.

the Assessment of the current situation is that the deficit of water will also spill over in 2019, and that prices will thus remain high. But it depends on how the winter is shaping itself, it will be mild weather, so does it mean that we use less electricity, and that we get quite a lot of precipitation – which changes the conditions for the prices.

– the prices of electricity is a perishable commodity. We'll see how much snow comes and if it folds in the right places, " says Thorstensson.

Read more: Big price differences – costs the most in the south.

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