Breakdown in Danish-Norwegian interconnector increases price pressure
Saturday's power price was almost 30 times higher in Denmark than Norway after an error shut down the third of four connections between the countries, reducing capacity by four fifths.
During 2020, Norwegian power prices have gone the same direction as meltwater flowing down-fell. The warm weather, with temperatures reaching 30 degrees Celsius as far north as Trondheim, has entailed extensive melting of snow and, consequently, filled reservoirs, while consumption is reduced for the summer holidays. But now, interconnector trouble adds insult to injury for Norwegian power producers.
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