The electricity price shock has worn off – tonight there will be a minus price

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In the coming 24 hours, the electricity price will land on average at a super-low two öre per kilowatt-hour throughout the country, according to pricing on the Nord Pool electricity exchange. By way of comparison, electricity during the day on Thursday cost an average of 41 öre/kWh throughout Sweden, and that’s where the price has been so far during November.

During a few individual hours last night, so much power is produced, while consumption is low, that the price lands below zero.

The reason is a strong wind blowing in over Sweden, but high wind production in Denmark and Germany also contributes.

But how can negative electricity prices actually occur? In the clip above, the expert explains.