Monthly report · day-ahead marketElectricity prices in Norway, February 2024
February 2024
Monthly averageNOK 0.672NOK 671.68/MWh
Cheapest day4 FebNOK 0.359/kWh
Most expensive day8 FebNOK 0.971/kWh
Hours below zero0h
In February 2024, electricity on the day-ahead market in Norway cost an average of NOK 0.672/kWh (NOK 671.68/MWh).
That is 23% less than in January 2024.
The cheapest day was Sunday, 4 February 2024, averaging NOK 0.359/kWh; the most expensive was Thursday, 8 February 2024 at NOK 0.971/kWh.
The lowest price came on 4 February 2024 at 04:00 (NOK 0.000/kWh), the highest on 7 February 2024 at 18:00 (NOK 1.517/kWh).
On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 12% cheaper than weekdays.
Compared with
- Previous month (January 2024)
- NOK 0.874 ▼
- Weekdays
- NOK 0.694
- Weekends
- NOK 0.614
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 Feb Thursday | NOK 0.595 | NOK 0.488 01:00 | NOK 0.633 18:00 | – |
| 2 Feb Friday | NOK 0.616 | NOK 0.435 23:00 | NOK 0.688 08:00 | – |
| 3 Feb Saturday | NOK 0.488 | NOK 0.101 04:00 | NOK 0.658 18:00 | – |
| 4 Feb Sunday | NOK 0.359 | NOK 0.000 04:00 | NOK 0.596 18:00 | – |
| 5 Feb Monday | NOK 0.521 | NOK 0.057 03:00 | NOK 0.790 18:00 | – |
| 6 Feb Tuesday | NOK 0.657 | NOK 0.403 03:00 | NOK 0.745 17:00 | – |
| 7 Feb Wednesday | NOK 0.918 | NOK 0.609 01:00 | NOK 1.517 18:00 | – |
| 8 Feb Thursday | NOK 0.971 | NOK 0.736 23:00 | NOK 1.483 08:00 | – |
| 9 Feb Friday | NOK 0.742 | NOK 0.593 04:00 | NOK 0.878 17:00 | – |
| 10 Feb Saturday | NOK 0.764 | NOK 0.703 00:00 | NOK 0.991 17:00 | – |
| 11 Feb Sunday | NOK 0.714 | NOK 0.585 04:00 | NOK 0.899 18:00 | – |
| 12 Feb Monday | NOK 0.830 | NOK 0.664 03:00 | NOK 1.160 08:00 | – |
| 13 Feb Tuesday | NOK 0.802 | NOK 0.676 04:00 | NOK 1.112 18:00 | – |
| 14 Feb Wednesday | NOK 0.771 | NOK 0.650 03:00 | NOK 0.976 18:00 | – |
| 15 Feb Thursday | NOK 0.777 | NOK 0.667 23:00 | NOK 0.942 17:00 | – |
| 16 Feb Friday | NOK 0.636 | NOK 0.579 03:00 | NOK 0.704 08:00 | – |
| 17 Feb Saturday | NOK 0.700 | NOK 0.574 01:00 | NOK 1.176 18:00 | – |
| 18 Feb Sunday | NOK 0.608 | NOK 0.504 10:00 | NOK 0.820 18:00 | – |
| 19 Feb Monday | NOK 0.721 | NOK 0.536 03:00 | NOK 1.090 18:00 | – |
| 20 Feb Tuesday | NOK 0.675 | NOK 0.576 23:00 | NOK 1.000 08:00 | – |
| 21 Feb Wednesday | NOK 0.579 | NOK 0.490 23:00 | NOK 0.646 09:00 | – |
| 22 Feb Thursday | NOK 0.595 | NOK 0.384 01:00 | NOK 0.911 08:00 | – |
| 23 Feb Friday | NOK 0.546 | NOK 0.460 03:00 | NOK 0.628 18:00 | – |
| 24 Feb Saturday | NOK 0.611 | NOK 0.499 13:00 | NOK 0.837 18:00 | – |
| 25 Feb Sunday | NOK 0.668 | NOK 0.554 13:00 | NOK 1.043 18:00 | – |
| 26 Feb Monday | NOK 0.719 | NOK 0.578 03:00 | NOK 0.950 18:00 | – |
| 27 Feb Tuesday | NOK 0.707 | NOK 0.632 04:00 | NOK 1.067 08:00 | – |
| 28 Feb Wednesday | NOK 0.617 | NOK 0.544 23:00 | NOK 0.691 07:00 | – |
| 29 Feb Thursday | NOK 0.575 | NOK 0.500 04:00 | NOK 0.655 18:00 | – |
/kWh · Today · Methodology