← The week in the power market
Week 44, 26 October–1 November 2026
The spot price in NO1 averaged 152.5 øre/kWh excl. VAT this week, up 24.4 øre (19.1%) from the week before. The most expensive day was Sunday 1 November (189.2 øre/kWh), the cheapest Monday 26 October (96.8 øre/kWh). The cheapest fixed price up to 1 year in NO1 had an estimated total price of 301.3 øre/kWh incl. VAT on 1 November, unchanged from 25 October. The median of the 3 contracts was 303.1 øre/kWh. No price changes were recorded during the week.
Spot price
Øre/kWh excl. VAT. The weekly average is the mean of the week's seven daily averages, Monday to Sunday, compared with the week before.
| Price area | Weekly average | vs week before | Cheapest day | Most expensive day |
|---|---|---|---|---|
| NO1 Oslo | 152.5 | +24.4+19.1 %week before 128.1 | 96.8Mon 26 Oct | 189.2Sun 1 Nov |
| NO2 Kristiansand | 166.8 | +32.4+24.1 %week before 134.4 | 100.4Mon 26 Oct | 203.6Sun 1 Nov |
| NO3 Trondheim | 99.1 | +5.3+5.7 %week before 93.8 | 75.2Tue 27 Oct | 114.2Thu 29 Oct |
| NO4 Tromsø | 21.8 | +0.2+0.8 %week before 21.6 | 18.9Tue 27 Oct | 24.8Fri 30 Oct |
| NO5 Bergen | 146.0 | +19.3+15.2 %week before 126.8 | 98.9Mon 26 Oct | 179.8Sun 1 Nov |
Spot price: the day-ahead price per price area, daily averages in øre/kWh excl. VAT. VAT (25%, none in Nordland, Troms and Finnmark) and strømstøtte (the electricity subsidy) are not applied. NO4 is a price area, not the VAT-exempt counties. The supplier's markup, the electricity tax and the grid fee come on top.
Fixed price
Lowest estimated total price and the median per price area on 1 November, compared with 25 October. Øre/kWh incl. VAT (NO4 without VAT) at 14,400 kWh/yr, contract price only.
Fixed price up to 1 year
| Price area | Lowest | Median | Lowest week before | Change |
|---|---|---|---|---|
| NO1 Oslo | 301.3of 3 contracts | 303.1 | 301.3 | 0.0 |
| NO2 Kristiansand | 301.3of 3 contracts | 303.1 | 301.3 | 0.0 |
| NO3 Trondheim | 128.2of 8 contracts | 174.0 | 128.2 | 0.0 |
| NO4 Tromsø | 50.3of 6 contracts | 146.6 | 50.3 | 0.0 |
| NO5 Bergen | 301.3of 3 contracts | 303.1 | 301.3 | 0.0 |
Fixed price 2–3 years
| Price area | Lowest | Median | Lowest week before | Change |
|---|---|---|---|---|
| NO1 Oslo | 203.1of 2 contracts | 203.6 | 203.1 | 0.0 |
| NO2 Kristiansand | 203.1of 2 contracts | 203.6 | 203.1 | 0.0 |
| NO3 Trondheim | 112.7of 4 contracts | 159.1 | 112.7 | 0.0 |
| NO4 Tromsø | 52.3of 5 contracts | 54.3 | 52.3 | 0.0 |
| NO5 Bergen | 203.1of 2 contracts | 203.6 | 203.1 | 0.0 |
Fixed price: estimated total price from Forbrukerrådet's price portal, øre/kWh incl. VAT (NO4 without VAT) at 14,400 kWh/yr, energy price and fixed fee included. Contract price only: grid fee, electricity tax and strømstøtte are not included. Contracts sold nationwide count in every price area. The week before is shown only when the number of contracts is comparable (the smaller is at least half the larger).
The lowest price can be a campaign offer, apply to new customers or members only, or be a loss-leader offer. That is why the median stands beside it. The contracts and their terms are on the page for each price area: NO1, NO2, NO3, NO4, NO5.
Price changes
No price changes were recorded during the week.
A price change is a contract whose estimated total price at 14,400 kWh/yr moved by at least 0.5% and 0.1 øre/kWh between two collections. The same change in several price areas counts once. The date is the day the change was found. Spot contracts follow the spot price and are not counted. Contracts sold nationwide are shown with the NO1 figures (25% VAT).
Futures
EEX settlement price for the nearest quarter and the nearest year, øre/kWh excl. VAT: the last trading day up to 30 October, compared with the last trading day up to 23 October.
| Price area | Q1 2027 | Change | Year 2027 | Change |
|---|---|---|---|---|
| NO1 Oslo | 187.9calculated mark* | +21.7 | 116.3calculated mark* | +8.7 |
| NO2 Kristiansand | 186.0calculated mark* | +20.2 | 118.3calculated mark* | +6.2 |
| NO3 Trondheim | 127.9 | +14.0 | 73.8calculated mark* | +3.7 |
| NO4 Tromsø | 51.2calculated mark* | +3.8 | 36.3 | +1.0 |
| NO5 Bergen | 186.0calculated mark* | +22.9 | 113.2calculated mark* | +8.3 |
* Calculated mark: the contract has no open positions, so the settlement price is EEX's calculated mark, not a price anyone has traded at. Open positions are today's figure, not the week's.
Futures: EEX's baseload settlement price on the last trading day of each week. Converted from EUR/MWh at 10.3775 NOK/EUR, the ECB reference rate of 2 November 2026, for every week.
A baseload future covers an even delivery around the clock for the whole period. It is not a consumer price: the markup, the electricity tax, VAT and the grid fee come on top, and a household's consumption profile gives a different price.
Sources: Hva koster strømmen.no (spot price), Forbrukerrådet's price portal (fixed prices and price changes), EEX (futures).
The spot price month by month →All price changes →Futures by price area →RSS (in Norwegian)