– It looks like we escaped the highest prices we saw headed our way two or three months ago. That we get more pleasant prices and that it lasts through the rest of the winter, if we are not unlucky and go on a cold wave, says Olav Botnen, who is a senior analyst at Volue Insight. In a normal situation, the degree of filling should have decreased at this time of the year. It hasn’t happened. – The reason is that the firing season should have started. But it hasn’t started. Therefore, we have had little consumption in recent weeks. At the same time, the precipitation has come in the form of rain and not snow, says Botnen. Big increase last week On Wednesday, NVE publishes fresh figures on the degree of filling. But news has seen calculations which show that the occupancy rate has increased considerably in the last week. In region NO2 in Southern Norway, the filling rate has increased by a full four percentage points, according to figures from the analysis company Volue Insight. There are several reasons for this: There has been heavy rainfall. The precipitation also comes as rain in the mountains. Normally it would have snowed at this time of year. It has been mild, so that people use less electricity. news has been in contact with NVE, which will not comment on the degree of filling until the speech is presented at 13 Wednesday. This graph shows that it is close to the normal situation at the time of year to be in the reservoir in stream region NO2, which is Southern Norway. Photo: Pål Tegnander / news Believe in significantly lower prices – The market expected us to go up to three kroner after the New Year. But it doesn’t look like the price level will be that high. It seems to be significantly lower as the filling rate affects the market and the production plans for the power producers take effect, says Botnen. Blåsjø is one of the country’s largest dams. If it had been completely empty, it would have taken three years to fill it up. Last summer there was a record low water level, but now everything has turned around after a lot of rainfall in the autumn. – We have climbed vertically upwards in recent weeks. We are almost crossing the normal, says Botnen and points to graphs showing the development. This is what the Blåsjø magazine looked like this summer. Now the water level is significantly higher. Blåsjø is located in Agder and Rogaland. Photo: Gunnar Morsund Money flows past There is also a lot of water in the waterway. Rygene power station in Arendal, which has been closed for periods due to low water flow, overflows. Values of over half a million kroner a day run straight because, because the power station does not have the capacity to take everything away. The degree of filling and the amount of water in the waterway may be even higher in the coming weeks. Namely, a large amount of rain has been reported in the future. – We are starting to approach normal conditions, says Botnen. In south-east, south-west and west Norway, the average price for electricity will be 42.6 øre per kilowatt hour (kWh) on Wednesday and a maximum price of 63.7 øre. Wednesday’s average price per kWh is 8.4 øre lower than Tuesday and 40.2 øre lower than the same day last year.
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– Probably avoids the highest electricity prices – news Sørlandet – Local news, TV and radio
