Norway hit by new electricity shock

Quick Summary:

Low alternative energy production and high demand for electricity in Europe were sending electricity rates in Norway to record-high levels this week.

The sudden spike comes despite full reservoirs for hydro-electric production in Norway, and no winter cold snap.

Consumers are unhappy, especially businesses.

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Article Details

Author / Journalist: Nina

Category: Business

Markets: NorwayDenmarkGermanyItalyUkraine

Topics: Business Politics Electricity Top Story

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 08:57:30 (3 days ago)

News Timezone: GMT +8:00

News Source URL: newsinenglish.no

Language: English

Article Length: 774 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © News in English

News ID: 24410729

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About News in English

Main Topics: Business

Official Website: newsinenglish.no

Year Established: 2008

Headquarters: Norway

News Last Updated: 3 days ago

Coverage Areas: Norway

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #108

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