Sunday, August 10, 2014

Drier weather results in higher electricity prices – Swedish Dagbladet

Drier weather results in higher electricity prices – Swedish Dagbladet

But now it soon and colder in winter the price of electricity is expected to rise to an average of 34 cents per kilowatt hour, which is 13 percent higher than last winter – but compared to the last six-seven years, not particularly loud anyway, according to the pricing of power exchange.

A key reason for the higher price, the lower the water level in hydroelectric plants.

– The deficit increases the risk of higher electricity prices in the future, says elanalysföretaget Elsklings CEO Faraz Azima.

Just water supply is important for electricity. So if it is a dry fall, the price can pull away even more. For those who can predict the weather or are worried about rising prices, it might be an idea to tie the price now.

On the other hand, a wet autumn reasonably lower electricity prices than the prices in the electricity market indicate the current state.

Another factor is the reliance on nuclear power. Malfunctioning nuclear power plants, like some past winters, can deliver substantial price spikes on cold comes. Right now, all nuclear power plants, except Oskarshamn 2, planned to be in operation before the winter makes his entrance.

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