The large production of wind power in Germany means that electricity prices can be negative throughout the country, he writes Teknisk Ukeblad.
The cable connections mean that this also affects electricity prices in Norway this weekend.
Southern Norway in particular will experience a sharp fall.
German wind power
The price will be around 19 øre / kWh from Saturday night, confirms Edgeir Vårdal Aksnes, head of the electricity company Tibber, to the website.
How long the price level will stay is impossible to say.
Many may think that it is the heavy rain in recent days that affects the price of power, but Aksnes points out that this is not the case.
– It does not turn out so fast. This time it is German wind power that strikes. Especially in southern Norway, but also in the rest of the country. This is the positive side of having cables abroad where there is a lot of wind power, he says.
Wind power and solar have the right of way in the German power grid.
Photo: Jan-morten Bjørnbakk / NTB
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Heavy rainfall
But even though it is not the rain that is causing the price to fall now, the precipitation has already affected the price.
Estimates for the winter price of 6 months ahead have already fallen between 10 and 20 percent.
– There has been some precipitation that prevents new price increases, but it will not be a cheap winter, says Jeanne K. Tjomsland communications director in Fjordkraft to NRK.
She points out that electricity consumption will increase as winter approaches and colder weather:
– Norwegian producers still lack a lot of water in their reservoirs, so the rain is good news.
– But soon consumption will also increase. We can only hope that it continues to rain and that there will be more wind in Germany, she says.
Political disagreement
Many feared what would happen to the Norwegian electricity price, when the new power cable to the UK opened on 1 October.
And it has been political disagreement around the power connection.
Several analysts believe that the cable in isolation will give a few øre higher electricity prices over time, especially in southern Norway. But it also means that Norway gets paid well for the power we sell.
In addition, several analysts believe that the cable can contribute to greater fluctuations in prices.
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