A rather frozen hydroelectric power station in Porjus in Northern Sweden. Photo: Fredrik Sandberg/Scanpix
winter weather

Higher electricity prices on the way?

Record-low levels of water in Sweden's reservoirs may mean even higher electricity bills, as the cost of hydroelectric electricity goes up, according to Swedish Radio news.

The dry and cold winter has meant that the water reserves in Sweden and Norway are only a third full, meaning there is a shortfall of water worth 40 terrawatt hours. That's about what Denmark uses in a whole year.

If the winter is a long one, that could mean higher prices for consumers.

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