People in southern Norway have drastically reduced their electricity consumption

Every month, the analytics company publishes Electric hub data on electricity consumption, divided by sector and price range. The latest figures show that electricity consumption in the country as a whole fell by about 2 percent last year, to 8.8 TWh, writes. Europower. In southern Norwegian households, on the other hand, consumption fell much more. … Read more

Ruskevær gives hope for a reduction in electricity prices in the future

– What we see is that with an increase in the level of rainfall, the energy balance improves, says senior analyst Lene Hagen of Volue Insight for TV 2. In the future, it appears that the weather may lift the pressure on what has been a very tight electricity market. Recently, electricity prices have fallen. … Read more

Rising electricity prices in Lebanon

Beirut (agencies) Electricité du Liban yesterday decided to raise the prices of the electricity supply, in light of the serious economic crisis that the country is going through.And local media reported that Electricité du Liban’s board of directors decided to “raise the electricity tariff by 27 cents per kilowatt”, noting that the decision was part … Read more

Lower electricity prices on special request. These are the principles of the new Electricity Supplement 2022 [6.10.22]

The government has decided to freeze electricity prices in 2023 for households. In order to use the prices starting from 2022, some conditions must be met, including the presentation of a specific document to the energy company that will give us the right to increase the limit. Electricity price freeze will apply to farms, which … Read more

Lower electricity prices on special request. These are the principles of the new Electricity Supplement 2022 [5.10.22]

The government has decided to freeze electricity prices in 2023 for households. In order to use the prices starting from 2022, some conditions must be met, including the presentation of a specific document to the energy company that will give us the right to increase the limit. Electricity price freeze will apply to farms, which … Read more

The World Bank warns: The biggest energy shock since the 1970s is in danger

“These events have begun to increase the prospects for stagflation,” said WB expert Indermitt Gills. He calls on countries to make every effort to boost domestic economic growth and to avoid measures that would be detrimental to the global economy. The WB report says energy prices have risen sharply in the last two years since … Read more

In Latvia, the price of electricity has risen almost four times during the year

Why did the price of electricity rise even more in March? The rise in prices in Europe in March 2022 was due to a number of factors: lower wind generation in contrast to record highs in January and February, increase in gas prices following Russia’s invasion of Ukraine carbon dioxide CO2 emission allowance prices, which … Read more

170 million in support for southern electricity customers

Sørland households receive an average of NOK 1,200 from the compensation scheme for high electricity prices for December. These days, Agder Energi Nett sends out the first invoices. Southern electricity customers will receive NOK 170 million in electricity support for December. Photo: Jacob J. Buchard – KRISTIANSAND: – Our calculations show that in total the … Read more

In Europe, the price of electricity has risen at a record: the reason is named

Due to the shutdown of nuclear reactors in France, electricity in Germany will rise in price by more than 10% next year – Electricity prices in Europe jumped to record levels after the French power generation company Electricite de France SA announced that two more nuclear reactors were shutting down. In this regard, electricity in … Read more