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Southern Sweden faces record high electricity prices due to German wind

Posted on December 17, 2024 |

The average electricity prices in southern Sweden’s areas 3 and 4 are SEK 2.5 and SEK 3.6 respectively.

During peak hours, between 17 and 18, top quotations exceed SEK 8 per kilowatt hour (kWh), similar to record prices seen during the 2022 electricity crisis.

In northern Sweden, electricity prices are relatively low, at 17 öre and 9 öre per kWh in areas 1 and 2.

The energy tax, including VAT, is 53.5 öre per kWh for most people, with additional electricity grid costs that vary.

Electricity customers with hourly rate contracts, about 10-15% of households, are mainly affected by high price peaks.

High electricity prices in southern Sweden are due to windy conditions in Germany and increased electricity demand.

Low electricity prices in northern Sweden are a result of ample electricity generation and limited transmission capacity, driving up export prices.

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