Electricity costs in Europe have multiplied this year

Statistics from the Money Rolling Institute show that this week the cost per kilowatt-hour of electricity in Norway has exceeded 400 euros, the price of electricity in Norway reached a maximum of 422 euros, which is one Last year it increased 5 times.

10% of Norway’s electricity is imported from Russia, and the country is dependent on other countries for its energy supply.

Experts say the reason for the five-fold increase in electricity prices in Norway is the increase in the price of energy carriers in Central European countries, because a significant part of Europe’s electricity is produced by burning gas in power plants, which has also risen sharply in Europe.

Experts say electricity prices in Norway will remain high until next summer, when a nuclear power plant is to be commissioned.

As winter approaches, gas prices in Europe are rising, with gas prices for January delivery on the Dutch energy exchange hovering above 1,170 euros per 1,000 cubic meters.

“We expect electricity prices to remain high for the winter, but we expect the prices to fall for the spring, but prices will still be higher than before,” said Mikko Hikila, a spokesman for the Finnish Electricity Company.

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