Electricity prices jump across Sweden today
Time-based tariffs expose households directly to Tuesday's sharp spot-price increase, with southern Sweden facing the highest evening costs.
Electricity prices are rising across Sweden on Tuesday, with the sharpest increase in the south. Households on hourly or quarter-hourly contracts are directly exposed to today's spot-market changes.
TV4 reports that the price is nearly six times higher than on Monday. In the SE3 area, covering much of central Sweden, the average is about SEK 1.63 per kilowatt-hour and the evening peak reaches SEK 3.58. In southern SE4, the peak approaches SEK 9.
For delivery on 15 September, Nord Pool lists daily area averages of EUR 31.43 per megawatt-hour in SE1, EUR 31.49 in SE2, EUR 90.42 in SE3 and EUR 147.50 in SE4.
TV4's energy analyst pointed to high gas prices, low Nordic hydro-reservoir levels, weak wind generation, three offline reactors and limited north-to-south transmission capacity.
Customers with fixed-price or ordinary monthly variable contracts do not see the full one-day move directly. People on time-based tariffs can reduce today's exposure by moving car charging, laundry and other heavy electricity use away from the evening peak where practical.
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