Right now 0.047 €/kWh -8,6 %
0.047 €/kWh at 01-02 0.018 €/kWh at 13-14 ~0.039 €/kWh0.28 € 0.11 €
10 min, 160 l of water = ~6 kWh
0.35 € 0.14 €
200 liters of water = ~7,5 kWh
1000W x 24 hours = 24 kWh
0.01 € <0.01 €
Hot plate for 4 min = ~0,12 kWh
0.05 € 0.02 €
Oven for 30 min = ~1,1 kWh
2.11 € 0.82 €
Nissan Leaf 10-80% = ~45 kWh
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.
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.
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.
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.
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.
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.
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 1.29 € cheaper to charge at the hours with the lowest price.
Most electricity companies in Europe buy electricity on a common market place, such as Nord Pool. All power plants that produce electricity and electricity companies that supply electricity to homes and businesses meet there. Based on supply and demand, prices are set for each hour and each area, one day in advance. Some countries, such as Norway, are divided into several different price areas, each of which has its own spot price.
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, 12 Oct 2024 01:19
Data source is ENTSO-E