๐Ÿ‡ณ๐Ÿ‡ด Electricity spot price in Norway (South) today โ€“ July 24, 2024

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

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Electricity price today in Norway (South)

Right now the price of electricity in Norway (South) is   0.005 โ‚ฌ/kWh -24,1 %

Highest electricity price today is 0.044 โ‚ฌ/kWh at 21-22 Lowest electricity price today is 0.005 โ‚ฌ/kWh at 13-14 On average the electricity price today is ~0.031 โ‚ฌ/kWh
Detailed tabled Last 30 days

A shower costs today
0.03 โ‚ฌ in Norway (South)

Lowest price today: 0.27 โ‚ฌ Highest price today: 0.03 โ‚ฌ

10 min, 160 l of water = ~6 kWh

A bath costs today
0.04 โ‚ฌ in Norway (South)

Lowest price today: 0.33 โ‚ฌ Highest price today: 0.04 โ‚ฌ

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
0.75 โ‚ฌ in Norway (South)

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
<0.01 โ‚ฌ in Norway (South)

Lowest price today: 0.01 โ‚ฌ Highest price today: <0.01 โ‚ฌ

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
0.01 โ‚ฌ in Norway (South)

Lowest price today: 0.05 โ‚ฌ Highest price today: 0.01 โ‚ฌ

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
0.23 โ‚ฌ in Norway (South)

Lowest price today: 2.00 โ‚ฌ Highest price today: 0.23 โ‚ฌ

Nissan Leaf 10-80% = ~45 kWh

More examples
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Electricity market in NO2 (South) zone of Norway

Overview of Norway's electricity price zones

The electricity market in Norway is segmented into five price zones, each serving a distinct geographical area. The NO2 zone, located in the southern part of Norway, is one of these zones. It includes the city of Kristiansand, which is the largest city in the region and a significant hub for commerce and culture.

Smart metering in NO2 zone

Adhering to EU regulations, Norway has implemented smart metering across all regions, including the NO2 zone. These smart meters offer advanced capabilities in monitoring and managing electricity usage. They provide hourly data on electricity consumption, allowing households to track their energy usage more effectively.

This technological advancement is particularly beneficial in the NO2 zone, where electricity consumption varies due to seasonal changes. The smart meters enable residents to adjust their usage according to real-time data, leading to more efficient energy consumption and potentially lower costs.

Energy in Norway

Energy production in southern Norway

In the NO2 zone, energy production is characterized by a blend of renewable sources. While hydroelectric power remains a major contributor, the region also utilizes other forms of renewable energy. These efforts align with Norway's commitment to reducing its carbon footprint and promoting sustainable energy practices.

Being in the southern part of Norway, the NO2 zone benefits from more diverse climatic conditions, allowing for the exploration of alternative renewable energy sources. This diversification strengthens the region's energy resilience and sustainability.

Adoption of electric vehicles (EVs) in Kristiansand and surrounding areas

The NO2 zone, particularly around Kristiansand, is actively participating in Norway's drive towards electric vehicle adoption. This initiative is supported by extensive charging infrastructure and government incentives. The increased use of electric vehicles in this region is a testament to Norway's leadership in sustainable transportation.

This trend is not only environmentally significant but also reshapes the local energy market. The growing number of electric vehicles increases the demand for electricity, influencing the dynamics of energy supply and consumption in the region.

The NO2 zone's role in the EU electricity market

Despite its geographical location, the NO2 zone plays an integral role in the broader European electricity market. Through interconnectors, this region contributes to the transnational exchange of electricity. This connectivity allows for the export of surplus renewable energy and the import of additional power when needed.

The strategic position of the NO2 zone, especially its proximity to other European countries, enhances its role in this cross-border energy exchange. This integration is crucial for maintaining energy balance and stability, not just in Norway but across the European continent.


Energy saving tips

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 (South) you can save 0.02 โ‚ฌ for each shower.

Charge the electric car when electricity is cheapest

The price of electricity can fluctuate a lot during the day and charging an electric car consumes a lot of electricity. With the cost of electricity today in Norway (South) it is 1.76 โ‚ฌ cheaper to charge at the hours with the lowest price.

Questions and answers about electricity

What is a kWh?

kWh stands for kilowatt-hour, and is a unit that tells how much energy is used in one hour. Kilo means a thousand. So for example, if you have a 1000 watt oven on for one hour, you have used 1 kilowatt-hour. For a light bulb, which may only consume 10 watt, it will take 100 hours (just over 4 days) before you have used 1 kWh.

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: Wed, 24 Jul 2024 13:17

Data source is ENTSO-E