🇳🇴 Electricity spot price in Norway (North) today – April 20, 2024

Electricity spot prices in Norway (North) today, hour by hour. Including prices for the last 30 days.

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Electricity price today in Norway (North)

Right now the price of electricity in Norway (North) is   0.034 €/kWh +10,2 %

Highest electricity price today is 0.050 €/kWh at 20-21 Lowest electricity price today is 0.033 €/kWh at 04-05 On average the electricity price today is ~0.041 €/kWh
Detailed tabled Last 30 days

A shower costs today
0.20 € in Norway (North)

Lowest price today: 0.30 € Highest price today: 0.20 €

10 min, 160 l of water = ~6 kWh

A bath costs today
0.25 € in Norway (North)

Lowest price today: 0.38 € Highest price today: 0.25 €

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
0.98 € in Norway (North)

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
<0.01 € in Norway (North)

Lowest price today: 0.01 € Highest price today: <0.01 €

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
0.04 € in Norway (North)

Lowest price today: 0.06 € Highest price today: 0.04 €

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
1.52 € in Norway (North)

Lowest price today: 2.26 € Highest price today: 1.50 €

Nissan Leaf 10-80% = ~45 kWh

More examples
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Electricity market in NO4 (North) zone of Norway

Norway's electricity price zones and the northern region

The electricity market in Norway is divided into five distinct zones, each serving a specific geographical area. The NO4 zone, situated in the northern part of Norway, is one of these zones. This zone is represented by Tromsø, the largest city in the region, known for its unique Arctic location and vibrant cultural scene.

Smart metering in the northern region

Aligning with EU regulations, Norway has implemented smart metering technology nationwide, including in the NO4 zone. These meters are essential for providing accurate and timely data on electricity usage. In the northern region, where climatic conditions can be extreme, smart meters help households manage their energy consumption more efficiently.

Residents of the NO4 zone, especially in Tromsø, benefit from the insights provided by these meters. The hourly data helps in optimizing energy use, which is crucial in a region with significant seasonal variations in daylight and temperature.

Energy sources in northern Norway

The NO4 zone is committed to sustainable and efficient energy production, with a strong focus on renewable sources. While hydroelectric power is a major component, the region's unique geography also allows for the exploration of other renewable energies, such as wind and tidal power.

The harsh and varied landscape of northern Norway offers both challenges and opportunities for energy production. The NO4 zone harnesses these characteristics to develop a resilient and sustainable energy infrastructure.

Electric vehicle adoption in Tromsø

Tromsø, within the NO4 zone, is actively participating in Norway's transition to electric vehicles (EVs). Despite the challenging Arctic conditions, the region is adapting to support this shift with adequate infrastructure, including charging stations.

The increase in electric vehicles in Tromsø reflects Norway's commitment to reducing carbon emissions and promoting sustainable transport. This trend is also reshaping the local electricity demand, adding a new dimension to the energy consumption patterns in the region.

NO4 zone and the EU electricity market

Although located in the far north, the NO4 zone is an integral part of the European electricity market. The region is connected to the wider European grid, facilitating the exchange of energy across borders. This interconnection ensures a stable and reliable electricity supply, both within Norway and in neighboring countries.

The strategic position of the NO4 zone, particularly its proximity to the Arctic, offers unique opportunities for energy exchange and collaboration within the European context. This enhances the overall efficiency and stability of the electricity market across the continent.


Energy saving tips

Lower the temperature by one degree

Heating is one of the things that consumes the most electricity in a typical home. You save about 5% of the costs for heating for every degree you lower the interior temperature.

Take a shorter shower or install an energy-saving shower

With the energy-saving shower, you can save up to 50% energy compared to standard shower heads. Or you can shower half the time. With the electricity price today in Norway (North) you can save 0.10 € for each shower.

Questions and answers about electricity

What determines the electricity spot price?

Supply and demand determine the price of electricity in Europe. If there is a high production of electricity from power plants and demand is low, the price will fall. If, on the other hand, the production of electricity is small and demand is high, prices will increase. Therefore, the price of electricity is often highest in winter, as the need for electricity for heating is highest.

More questions and answers


All prices are current open market spot prices in the day-ahead segment without local vat, tax or other additions.

Timezone is Central European Time (CET) with Daylight Saving Time (DST). Current time: Sat, 20 Apr 2024 05:19

Data source is ENTSO-E