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    Home > Chemicals Industry > International Chemical > Continuous low temperatures Norway's electricity consumption exceeded 25,000 MWh for the first time

    Continuous low temperatures Norway's electricity consumption exceeded 25,000 MWh for the first time

    • Last Update: 2023-01-03
    • Source: Internet
    • Author: User
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    Norway's electricity consumption hit a record high of 25,146 megawatt-hours (MWh) on Thursday, outpacing domestic production
    , data from Norwegian grid operator Statnett showed.

    The previous record was 24,536 MWh
    set on January 15.
    But unlike previous highs, demand outstripped supply at that time, reaching 24,920 MWh
    at that time.

    Tor Reier Lilleholt, head of analytics at Volue Insight, said: "Our consumption forecasts suggest that we could see new records
    tomorrow or even next week due to the current low temperatures.

    According to Refinitiv, temperatures in Norway dropped to -9.
    97 degrees Celsius (14.
    05 degrees Fahrenheit) as of 0700 GMT and will remain cold
    around minus 7 degrees through the end of next week.

    Most houses in Norway are electrically heated, while overall electricity demand has also increased in recent years due to increased
    electricity use in the transport sector and industry.

    In 2020, electric vehicles accounted for a record 54% of new car sales in the Nordic country
    .
    The recent cold weather has also pushed wholesale electricity prices in the short-term market to their highest level in five years
    .

    Norway's electricity consumption hit a record high of 25,146 megawatt-hours (MWh) on Thursday, outpacing domestic production
    , data from Norwegian grid operator Statnett showed.

    The previous record was 24,536 MWh
    set on January 15.
    But unlike previous highs, demand outstripped supply at that time, reaching 24,920 MWh
    at that time.

    Tor Reier Lilleholt, head of analytics at Volue Insight, said: "Our consumption forecasts suggest that we could see new records
    tomorrow or even next week due to the current low temperatures.

    According to Refinitiv, temperatures in Norway dropped to -9.
    97 degrees Celsius (14.
    05 degrees Fahrenheit) as of 0700 GMT and will remain cold
    around minus 7 degrees through the end of next week.

    Most houses in Norway are electrically heated, while overall electricity demand has also increased in recent years due to increased
    electricity use in the transport sector and industry.

    In 2020, electric vehicles accounted for a record 54% of new car sales in the Nordic country
    .
    The recent cold weather has also pushed wholesale electricity prices in the short-term market to their highest level in five years
    .

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