No falling electricity prices are expected – quite the opposite. In autumn and winter, the price of electricity in southern Sweden can be almost twice as high as last year.
– There is a high probability that there will be higher prices than last winter, and then they were already exceptionally expensive from a historical perspective, says energy consultant Christian Holtz to TT.
Many have noticed that utility bills have eaten up a growing portion of household coffers recently, and it will continue to do so. The forward price, i.e. the market’s assessment of the expected future electricity price, is currently pointing to an expensive winter for residents in southern Sweden.
During the coming winter, prices will be very high in Europe, and this will spill over into the Nordic electricity market, says Johan Sigvardsson, analyst at the electricity trading company Bixia.
In the player above, you can see a previous feature about the uncertain electricity prices.