Electricity prices in Norway, January 2024
January 2024
Monthly averageNOK 0.863NOK 863.42/MWh
Cheapest day24 JanNOK 0.496/kWh
Most expensive day11 JanNOK 1.192/kWh
Hours below zero0h
In January 2024, electricity on the day-ahead market in Norway cost an average of NOK 0.863/kWh (NOK 863.42/MWh).
The cheapest day was Wednesday, 24 January 2024, averaging NOK 0.496/kWh; the most expensive was Thursday, 11 January 2024 at NOK 1.192/kWh.
The lowest price came on 23 January 2024 at 03:00 (NOK 0.059/kWh), the highest on 16 January 2024 at 08:00 (NOK 1.688/kWh).
On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 8% cheaper than weekdays.
Compared with
- Weekdays
- NOK 0.882
- Weekends
- NOK 0.809
Wholesale price · /kWh
Price by day
Daily wholesale average; the line marks the monthly average.
/kWh
The average day
Average wholesale price for each hour of the day this month.
/kWh · 02:00–05:00
All days
| Day | Average | Lowest | Highest | Hours < 0 |
|---|---|---|---|---|
| 1 Jan Monday | NOK 0.529 | NOK 0.241 05:00 | NOK 0.738 17:00 | – |
| 2 Jan Tuesday | NOK 0.697 | NOK 0.364 02:00 | NOK 0.925 16:00 | – |
| 3 Jan Wednesday | NOK 0.752 | NOK 0.619 04:00 | NOK 0.942 18:00 | – |
| 4 Jan Thursday | NOK 1.015 | NOK 0.705 04:00 | NOK 1.642 18:00 | – |
| 5 Jan Friday | NOK 1.032 | NOK 0.854 05:00 | NOK 1.268 18:00 | – |
| 6 Jan Saturday | NOK 1.039 | NOK 0.855 03:00 | NOK 1.224 17:00 | – |
| 7 Jan Sunday | NOK 1.005 | NOK 0.857 04:00 | NOK 1.204 18:00 | – |
| 8 Jan Monday | NOK 1.148 | NOK 0.897 04:00 | NOK 1.433 18:00 | – |
| 9 Jan Tuesday | NOK 1.173 | NOK 0.927 03:00 | NOK 1.516 17:00 | – |
| 10 Jan Wednesday | NOK 1.184 | NOK 0.936 05:00 | NOK 1.580 17:00 | – |
| 11 Jan Thursday | NOK 1.192 | NOK 0.903 04:00 | NOK 1.651 17:00 | – |
| 12 Jan Friday | NOK 1.151 | NOK 0.906 03:00 | NOK 1.548 08:00 | – |
| 13 Jan Saturday | NOK 0.817 | NOK 0.751 23:00 | NOK 0.870 00:00 | – |
| 14 Jan Sunday | NOK 0.869 | NOK 0.728 01:00 | NOK 1.074 18:00 | – |
| 15 Jan Monday | NOK 0.978 | NOK 0.727 03:00 | NOK 1.274 18:00 | – |
| 16 Jan Tuesday | NOK 1.139 | NOK 0.869 04:00 | NOK 1.688 08:00 | – |
| 17 Jan Wednesday | NOK 1.095 | NOK 0.764 05:00 | NOK 1.549 17:00 | – |
| 18 Jan Thursday | NOK 1.019 | NOK 0.810 23:00 | NOK 1.388 08:00 | – |
| 19 Jan Friday | NOK 0.876 | NOK 0.712 03:00 | NOK 1.147 08:00 | – |
| 20 Jan Saturday | NOK 0.835 | NOK 0.722 05:00 | NOK 1.101 18:00 | – |
| 21 Jan Sunday | NOK 0.637 | NOK 0.515 07:00 | NOK 0.698 18:00 | – |
| 22 Jan Monday | NOK 0.611 | NOK 0.211 04:00 | NOK 0.723 17:00 | – |
| 23 Jan Tuesday | NOK 0.578 | NOK 0.059 03:00 | NOK 0.777 17:00 | – |
| 24 Jan Wednesday | NOK 0.496 | NOK 0.203 04:00 | NOK 0.629 17:00 | – |
| 25 Jan Thursday | NOK 0.850 | NOK 0.510 02:00 | NOK 1.357 17:00 | – |
| 26 Jan Friday | NOK 0.650 | NOK 0.592 05:00 | NOK 0.737 08:00 | – |
| 27 Jan Saturday | NOK 0.653 | NOK 0.630 13:00 | NOK 0.681 17:00 | – |
| 28 Jan Sunday | NOK 0.619 | NOK 0.487 12:00 | NOK 0.658 16:00 | – |
| 29 Jan Monday | NOK 0.800 | NOK 0.554 01:00 | NOK 1.402 17:00 | – |
| 30 Jan Tuesday | NOK 0.721 | NOK 0.622 23:00 | NOK 0.948 08:00 | – |
| 31 Jan Wednesday | NOK 0.604 | NOK 0.510 23:00 | NOK 0.657 08:00 | – |
/kWh · Today · Methodology