According to TV2, electricity prices will reach their highest level in months on Friday, with daytime electricity costs being the highest since September 29.
Jim Vilsson, chief economist at the energy company Energinet, attributes the rise primarily to cold winter weather and winds.
Neighboring countries are raising prices
There is still a long way to go before the record price increase from the end of August, when the price of 1 kWh per week rose to an average of 4.3 Danish kroner. Due to several factors, prices fell until mid-November to the same level as in the spring, but now the trend has reversed again.
According to Jim Wilson, the reason must be found first and foremost in the rest of Europe with which Denmark shares the electricity market: “In Denmark, we don’t have a lot of electric heating, but it does exist, for example in Norway and Sweden, and they are using a lot of energy there now that we have entered the cold season.”.
The expert encourages consumers to try to shift consumption to slightly cheaper hours, as this helps save electricity in the long run. The current weather is expected to continue throughout the next week, and therefore the price may maintain its current relative high.
