Pre-tax electricity price in Norway 2008-2022
The average electricity price, excluding taxes, in Norway was 141.7 øre per kilowatt-hour in 2022, a rise of nearly 43 percent compared to the previous year. Norway's electricity production is sourced almost entirely from hydroelectric power stations, which account for 91.5 percent of production. As such, electricity prices are reliant on the performance of these power stations, which may be dependent on various factors, including weather.