{"id":"2026-oct-continuation-north-nve-week40-power-situation","canonicalSlug":"2026-oct-continuation-north-nve-week40-power-situation","url":"https://wellficent.com/en/news/2026-oct-continuation-north-nve-week40-power-situation","language":"en","title":"Norway’s week 40 power report records price rises in the south","summary":"NVE reported lower weekly prices in central and northern Norway as Nordic wind generation increased, while prices rose in the south.","body":["Norway’s Water Resources and Energy Directorate (NVE) said higher wind generation across Nordic bidding areas, especially in the north, helped lower weekly electricity prices in central and northern Norway in week 40 of 2026. The average was 102 Norwegian øre/kWh in NO3, down 5 øre from week 38, and 30 øre/kWh in NO4, down 11 øre; the report uses week 38 as the comparison for these price changes.","In southern Norway, prices averaged 147 øre/kWh in NO1, 156 in NO2 and 142 in NO5, increases of 12, 14 and 8 øre respectively from week 38. NVE linked periods of low wind generation on the continent with higher prices there and in southern Norway. It also reported more power flow to Germany after maintenance on the Norway–Germany cable in week 39 and more imports into NO1 from Sweden’s SE3. National reservoir filling and net exports were about unchanged from the previous week, while net exports from southern Norway rose slightly."],"keyPoints":[],"sections":[],"text":"Norway’s week 40 power report records price rises in the south\n\nNVE reported lower weekly prices in central and northern Norway as Nordic wind generation increased, while prices rose in the south.\n\nNorway’s Water Resources and Energy Directorate (NVE) said higher wind generation across Nordic bidding areas, especially in the north, helped lower weekly electricity prices in central and northern Norway in week 40 of 2026. The average was 102 Norwegian øre/kWh in NO3, down 5 øre from week 38, and 30 øre/kWh in NO4, down 11 øre; the report uses week 38 as the comparison for these price changes.\n\nIn southern Norway, prices averaged 147 øre/kWh in NO1, 156 in NO2 and 142 in NO5, increases of 12, 14 and 8 øre respectively from week 38. NVE linked periods of low wind generation on the continent with higher prices there and in southern Norway. It also reported more power flow to Germany after maintenance on the Norway–Germany cable in week 39 and more imports into NO1 from Sweden’s SE3. National reservoir filling and net exports were about unchanged from the previous week, while net exports from southern Norway rose slightly.","category":"energy","region":"world","topics":["power","statistics"],"eventDate":"2026-10-07","eventDateBasis":"publication date of the NVE week 40 power-situation report; the observed price and system conditions refer to week 40","publishedAt":"2026-10-10T16:38:29Z","modifiedAt":"2026-10-10T16:38:29Z","publicationBasis":"first-publication","preparedAt":"2026-10-10T16:38:16Z","sourcePublishedAt":"2026-10-07","translatedAt":"2026-10-10T16:30:32Z","sources":[{"url":"https://www.nve.no/nytt-fra-nve/rapporter-kraftsituasjonen/kraftsituasjonen-veke-40-2026/","name":"Norwegian Water Resources and Energy Directorate (NVE)","checkedAt":"2026-10-10","attribution":"Norwegian Water Resources and Energy Directorate (NVE), “Kraftsituasjonen veke 40, 2026,” published 7 October 2026. No open licence was identified. This is an original factual summary; no source prose or media is reproduced.","publishedAt":"2026-10-07"}],"translations":{"en":"https://wellficent.com/en/news/2026-oct-continuation-north-nve-week40-power-situation","tr":"https://wellficent.com/tr/news/2026-oct-continuation-north-nve-week40-power-situation","ar":"https://wellficent.com/ar/news/2026-oct-continuation-north-nve-week40-power-situation","fr":"https://wellficent.com/fr/news/2026-oct-continuation-north-nve-week40-power-situation","es":"https://wellficent.com/es/news/2026-oct-continuation-north-nve-week40-power-situation","ru":"https://wellficent.com/ru/news/2026-oct-continuation-north-nve-week40-power-situation","pt":"https://wellficent.com/pt/news/2026-oct-continuation-north-nve-week40-power-situation"},"corrections":[],"locations":[],"type":"news","classification":{"version":"1","dataKinds":["statistical-release","price-observation"],"geographies":[{"role":"issuer-location","countryCode":"NO","subdivisionCode":null},{"role":"economic-scope","countryCode":"NO","subdivisionCode":null}],"evidenceBasis":["reported-observation"],"measurementPeriod":{"to":"2026-10-04","from":"2026-09-28","precision":"day"}}}