Discussion:
norway's warmest may in 120y adds $2.3bn to power bill
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M***@kymhorsell.com
2018-07-11 09:12:21 UTC
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<https://www.reuters.com/article/us-norway-power-prices/warmest-may-since-1900-to-cost-norwegians-2-34-bn-more-for-power-this-year-idUSKBN1K0257>

Warmest May since 1900 to cost Norwegians $2.34 bn more for power
this year

Lefteris Karagiannopoulos
10 Jul 2018 3:22 PM


Oslo (Reuters). Norwegians enjoyed the warmest May this year since
records began in 1900, but as rainfall has been unusually low, the
treat will cost them about 2 bn euros ($2.34 bn) in higher
power bills, Norway's energy regulator told Reuters.

[image] People ski in Oevreseter, Oslo, Norway Feb 2,
2018. REUTERS/Hannah McKay/File Photo

The unseasonable weather accelerated snow melt in the mountains, but
some of the water soaked into the dry land or evaporated and did not
end up in the reservoirs that feed Norway's hydropower plants, raising
electricity prices.

The warmth was accompanied by 40% lower than normal rainfall
this spring, but the 1000s of happy Norwegians who flocked to
sunbathe and swim now face payback in the form of higher electricity bills.

"The total cost for power this year for households, which consume 80
terawatt hours (TWh) annually, will be 1.2 bn euros higher than
last year," Vegard Willumsen, section manager at Norway's water
resources and energy directorate (NVE), said.

The added cost for Norway's entire power consumption, including
industry, corresponding to about 135 TWh in total, can be calculated
in the same way, he added.

That would bring the total extra cost for power usage alone to just
over 2 bn euros. On top of that, households and industrial
consumers must pay taxes and grid tariff costs.

Power prices were on average 33% higher this year comparing to
the second quarter of 2017, NVE said in a press release on Tue.

...

--
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After lashing the Ryukyu Islands, Maria is expected to pass by the tip of
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landfall on the island, it is expected to be close enough to bring
significant impacts to the nation into Wed morning.
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resize/590x/quality/90/?url=http%3A%2F%2Faccuweather-bsp.s3.amazonaws.com%
2F05%2Fa5%2Fa672efd34fb392d6818372c3155c%2Fmaria-satellite-7-10.png>
Maria is expected to make landfall in eastern China Wed morning as a
powerful and dangerous typhoon. Northern Fujian and southern Zhejiang
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<https://accuweather.brightspotcdn.com/dims4/default/62627af/2147483647/
resize/590x/quality/90/?url=http%3A%2F%2Faccuweather-bsp.s3.amazonaws.com%
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<Loading Image...>

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Assaad Razzouk @AssaadRazzouk 11 Jul 2018 05:34Z
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Yes, your energy bills are [~$400 pa] too high. Here's how the ACCC thinks
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* Big cuts to power bills possible if customers can compare more easily,
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Bret Cahill
2018-07-11 20:31:55 UTC
Permalink
Post by M***@kymhorsell.com
<https://www.reuters.com/article/us-norway-power-prices/warmest-may-since-1900-to-cost-norwegians-2-34-bn-more-for-power-this-year-idUSKBN1K0257>
Warmest May since 1900 to cost Norwegians $2.34 bn more for power
this year
Lefteris Karagiannopoulos
10 Jul 2018 3:22 PM
Oslo (Reuters). Norwegians enjoyed the warmest May this year since
records began in 1900,
Wind turbines cause thermometers to malfunction.

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