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The price of electricity is just as low throughout the country for one hour on Saturday

In Tromsø, Trondheim and Molde, the price is 6.2 øre per kilowatt hour, he writes E24. At the same time, one kilowatt hour will cost 6.6 øre in Oslo, Kristiansand and Bergen.

However, this applies before fees and grid rent apply. Otherwise throughout the day, the average price will be NOK 1.40 per kilowatt hour.

The reason for the fall in electricity prices on Saturday is that it is blowing more and there are warmer temperatures in Europe, according to power analysts E24 has spoken with.

– On Saturday there is a lot of wind in the Nordics, and there are very low prices in Germany as well, so then we get in that hour with full imports from Germany to Norway, says Ole Tom Djupskås in Refinitiv.

When so much of the electricity comes from renewable energy, there is much more difference from hour to hour throughout the day, Djupskås explains. He thinks we can expect more of that in the future.

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