Monthly report · day-ahead marketElectricity prices in Norway, August 2024
In August 2024, electricity on the day-ahead market in Norway cost an average of NOK 0.471/kWh (NOK 471.12/MWh).
That is 17% more than in July 2024.
The cheapest day was Sunday, 25 August 2024, averaging NOK 0.081/kWh; the most expensive was Friday, 2 August 2024 at NOK 0.700/kWh.
The lowest price came on 11 August 2024 at 13:00 (NOK -0.699/kWh), the highest on 12 August 2024 at 19:00 (NOK 2.246/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 22% cheaper than weekdays.
Compared with
- Previous month (July 2024)
- NOK 0.404 ▲
- Weekdays
- NOK 0.503
- Weekends
- NOK 0.393
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 Aug Thursday | NOK 0.672 | NOK 0.626 02:00 | NOK 0.735 19:00 | – |
| 2 Aug Friday | NOK 0.700 | NOK 0.605 14:00 | NOK 0.738 19:00 | – |
| 3 Aug Saturday | NOK 0.595 | NOK 0.049 14:00 | NOK 0.722 20:00 | – |
| 4 Aug Sunday | NOK 0.488 | NOK 0.000 13:00 | NOK 0.712 00:00 | 1 |
| 5 Aug Monday | NOK 0.634 | NOK 0.465 14:00 | NOK 0.720 19:00 | – |
| 6 Aug Tuesday | NOK 0.553 | NOK 0.190 13:00 | NOK 0.685 19:00 | – |
| 7 Aug Wednesday | NOK 0.572 | NOK 0.412 13:00 | NOK 0.666 20:00 | – |
| 8 Aug Thursday | NOK 0.592 | NOK 0.365 14:00 | NOK 0.667 20:00 | – |
| 9 Aug Friday | NOK 0.198 | NOK -0.010 14:00 | NOK 0.560 00:00 | 4 |
| 10 Aug Saturday | NOK 0.097 | NOK -0.475 13:00 | NOK 0.495 22:00 | 7 |
| 11 Aug Sunday | NOK 0.309 | NOK -0.699 13:00 | NOK 0.642 20:00 | 6 |
| 12 Aug Monday | NOK 0.564 | NOK 0.084 13:00 | NOK 2.246 19:00 | – |
| 13 Aug Tuesday | NOK 0.569 | NOK 0.468 13:00 | NOK 0.618 19:00 | – |
| 14 Aug Wednesday | NOK 0.645 | NOK 0.557 00:00 | NOK 0.695 18:00 | – |
| 15 Aug Thursday | NOK 0.538 | NOK 0.116 13:00 | NOK 0.675 08:00 | – |
| 16 Aug Friday | NOK 0.638 | NOK 0.539 14:00 | NOK 0.665 19:00 | – |
| 17 Aug Saturday | NOK 0.608 | NOK 0.446 14:00 | NOK 0.642 18:00 | – |
| 18 Aug Sunday | NOK 0.533 | NOK 0.200 14:00 | NOK 0.620 00:00 | – |
| 19 Aug Monday | NOK 0.633 | NOK 0.580 02:00 | NOK 0.646 19:00 | – |
| 20 Aug Tuesday | NOK 0.609 | NOK 0.206 13:00 | NOK 1.396 19:00 | – |
| 21 Aug Wednesday | NOK 0.379 | NOK -0.001 14:00 | NOK 0.669 00:00 | 2 |
| 22 Aug Thursday | NOK 0.263 | NOK -0.007 13:00 | NOK 0.679 21:00 | 2 |
| 23 Aug Friday | NOK 0.169 | NOK -0.021 14:00 | NOK 0.538 00:00 | 4 |
| 24 Aug Saturday | NOK 0.355 | NOK -0.059 13:00 | NOK 0.648 01:00 | 5 |
| 25 Aug Sunday | NOK 0.081 | NOK -0.233 13:00 | NOK 0.547 20:00 | 16 |
| 26 Aug Monday | NOK 0.322 | NOK 0.013 04:00 | NOK 0.659 21:00 | – |
| 27 Aug Tuesday | NOK 0.438 | NOK 0.014 13:00 | NOK 0.611 00:00 | – |
| 28 Aug Wednesday | NOK 0.434 | NOK 0.119 13:00 | NOK 0.501 05:00 | – |
| 29 Aug Thursday | NOK 0.458 | NOK 0.411 03:00 | NOK 0.493 14:00 | – |
| 30 Aug Friday | NOK 0.491 | NOK 0.440 03:00 | NOK 0.524 19:00 | – |
| 31 Aug Saturday | NOK 0.466 | NOK 0.000 13:00 | NOK 0.632 18:00 | 1 |
/kWh · Today · Methodology