The power market is divided into price areas; Norway has five such areas, Sweden four and Denmark two. The power price for each price area is set by the NordPool power exchange for each hour of the day, based on supply and demand.
Congestion revenues are revenues that arise when power is transferred between areas with different prices. Congestion revenues that arise as a result of power exchange between countries, i.e. over interconnectors, are shared 50/50 between Statnett and our partner in the neighbouring country, whereas Statnett receives 100 per cent of revenues that arise as a result of power exchange between price areas within Norway.
Statnett’s permitted income is regulated. Congestion revenues received by Statnett are passed on to Statnett’s customers through reductions in tariffs.
A summary of congestion revenues received in each month is shown below. The amounts are stated in EUR million.
This summary is updated on the 10th of the following month.