The power market
The differences in production mix and price structure mean that Norway can import relatively cheap electricity from abroad during periods of high solar and wind power
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Norway is part of a joint Nordic power market with Sweden, Denmark, and Finland, which in turn is integrated into the European power market through interconnections to the Netherlands, Germany, the United Kingdom, the Baltic states, Poland, and Russia.
Over the last ten years, the power balance has improved, and Norway has had an average net export of approximately 14 TWh per year. In 2024, total power exports amounted to 33.1 TWh, with power imports of 14.7 TWh. This results in a net electricity export of 18.4 TWh.
In addition to the market price, the customer must pay a markup. Such contracts are the closest households and smaller businesses get to the day-ahead market. The Norwegian Consumer Council maintains a website, , where it is possible to compare all the different contracts offered by electricity suppliers.
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