Monthly report · day-ahead marketElectricity prices in Norway, July 2024
July 2024
Monthly averageNOK 0.410NOK 409.68/MWh
Cheapest day7 JulNOK 0.113/kWh
Most expensive day30 JulNOK 0.657/kWh
Hours below zero48h
In July 2024, electricity on the day-ahead market in Norway cost an average of NOK 0.410/kWh (NOK 409.68/MWh).
That is 17% less than in June 2024.
The cheapest day was Sunday, 7 July 2024, averaging NOK 0.113/kWh; the most expensive was Tuesday, 30 July 2024 at NOK 0.657/kWh.
The lowest price came on 28 July 2024 at 14:00 (NOK -0.575/kWh), the highest on 30 July 2024 at 20:00 (NOK 1.884/kWh). In total, prices were below zero for 48 hours.
On an average day, the cheapest three hours were 12:00–15:00. Weekends were on average 37% cheaper than weekdays.
Compared with
- Previous month (June 2024)
- NOK 0.496 ▼
- Weekdays
- NOK 0.452
- Weekends
- NOK 0.287
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 · 12:00–15:00
All days
| Day | Average | Lowest | Highest | Hours < 0 |
|---|---|---|---|---|
| 1 Jul Monday | NOK 0.532 | NOK 0.385 15:00 | NOK 0.591 11:00 | – |
| 2 Jul Tuesday | NOK 0.462 | NOK 0.385 15:00 | NOK 0.560 01:00 | – |
| 3 Jul Wednesday | NOK 0.490 | NOK 0.411 02:00 | NOK 0.599 19:00 | – |
| 4 Jul Thursday | NOK 0.195 | NOK -0.232 14:00 | NOK 0.446 00:00 | 5 |
| 5 Jul Friday | NOK 0.235 | NOK -0.001 14:00 | NOK 0.502 23:00 | 2 |
| 6 Jul Saturday | NOK 0.147 | NOK -0.032 15:00 | NOK 0.551 00:00 | 7 |
| 7 Jul Sunday | NOK 0.113 | NOK -0.235 14:00 | NOK 0.543 21:00 | 15 |
| 8 Jul Monday | NOK 0.482 | NOK 0.348 13:00 | NOK 0.523 06:00 | – |
| 9 Jul Tuesday | NOK 0.473 | NOK 0.299 13:00 | NOK 0.536 07:00 | – |
| 10 Jul Wednesday | NOK 0.434 | NOK 0.340 03:00 | NOK 0.508 19:00 | – |
| 11 Jul Thursday | NOK 0.491 | NOK 0.461 01:00 | NOK 0.531 08:00 | – |
| 12 Jul Friday | NOK 0.467 | NOK 0.425 10:00 | NOK 0.525 19:00 | – |
| 13 Jul Saturday | NOK 0.271 | NOK -0.010 13:00 | NOK 0.488 20:00 | 4 |
| 14 Jul Sunday | NOK 0.245 | NOK -0.076 14:00 | NOK 0.461 20:00 | 7 |
| 15 Jul Monday | NOK 0.415 | NOK 0.118 13:00 | NOK 0.557 20:00 | – |
| 16 Jul Tuesday | NOK 0.381 | NOK 0.161 13:00 | NOK 0.482 19:00 | – |
| 17 Jul Wednesday | NOK 0.418 | NOK 0.145 14:00 | NOK 0.468 00:00 | – |
| 18 Jul Thursday | NOK 0.437 | NOK 0.389 13:00 | NOK 0.515 17:00 | – |
| 19 Jul Friday | NOK 0.463 | NOK 0.415 14:00 | NOK 0.540 17:00 | – |
| 20 Jul Saturday | NOK 0.340 | NOK 0.000 13:00 | NOK 0.459 18:00 | – |
| 21 Jul Sunday | NOK 0.327 | NOK -0.001 13:00 | NOK 0.523 21:00 | 1 |
| 22 Jul Monday | NOK 0.450 | NOK 0.229 14:00 | NOK 0.560 21:00 | – |
| 23 Jul Tuesday | NOK 0.488 | NOK 0.413 14:00 | NOK 0.526 11:00 | – |
| 24 Jul Wednesday | NOK 0.370 | NOK 0.061 13:00 | NOK 0.524 21:00 | – |
| 25 Jul Thursday | NOK 0.453 | NOK 0.203 14:00 | NOK 0.511 18:00 | – |
| 26 Jul Friday | NOK 0.524 | NOK 0.460 01:00 | NOK 0.588 13:00 | – |
| 27 Jul Saturday | NOK 0.553 | NOK 0.217 13:00 | NOK 0.687 18:00 | – |
| 28 Jul Sunday | NOK 0.300 | NOK -0.575 14:00 | NOK 0.628 00:00 | 6 |
| 29 Jul Monday | NOK 0.510 | NOK -0.020 13:00 | NOK 1.370 19:00 | 1 |
| 30 Jul Tuesday | NOK 0.657 | NOK 0.000 13:00 | NOK 1.884 20:00 | – |
| 31 Jul Wednesday | NOK 0.575 | NOK 0.139 13:00 | NOK 0.812 07:00 | – |
/kWh · Today · Methodology