Statistics Norway

Electric energy prices, quarterly

3   Range of electricity prices in end-user market and distribution of sold quantity in the sample
  1st quarter 2004 4th quarter 2003 1st quarter 2003
  Standard deviation for electricity prices1 Minimum price2 Maximum price2 Breakdown of electricity sales. Per cent Standard deviation for electricity prices1 Breakdown of electricity sales. Per cent Standard deviation for electricity prices1 Breakdown of electricity sales. Per cent
Households       46.2   33.7   39.3
1-year fixed-price contracts 3.7 13.9 35.2 11.9 4.7 12.4 9.9 6.1
Other fixed price contracts 2.4 17.9 31.0 9.9 3.6 12.3 7.2 1.7
Contracts tied to spot price 1.1 24.4 28.9 10.7 1.3 10.7 2.9 7.5
Variable price (not tied to spot price) 2.2 18.6 33.5 67.5 3.4 64.6 13.6 84.7
                 
Services       30.8   18.8   21.8
New fixed-price contacts4 2.8 17.9 31.3 10.4 3.4 14.3 6.4 5.0
Old fixed-price contracts4 2.8 21.2 34.3 24.3 4.2 28.3 3.4 17.3
Contracts tied to spot price 1.1 24.1 28.4 53.7 2.9 36.8 6.2 53.4
Variable price (not tied to spot price) 3.0 18.6 38.4 11.6 4.4 20.6 14.3 24.3
                 
$Manufacturing excl. energy-intensive manufacturing and pulp and paper industry       14.8   12.2   9.8
New fixed-price contacts4 3.4 17.9 30.0 6.9 2.5 6.2 5.1 3.7
Old fixed-price contracts4 5.3 4.4 28.0 48.9 6.2 55.4 5.5 51.4
Contracts tied to spot price 1.0 23.6 28.4 37.3 3.9 29.7 6.1 34.8
Variable price (not tied to spot price) 4.1 13.7 31.0 6.9 2.2 8.6 18.5 10.0
                 
$Energy-intensive manufacturing and pulp and paper industry3       8.2   35.4   29.1
Old fixed-price contracts4 and contracts not entered in the market 7.3 2.9 23.3 : 6.7 : 4.5 99.5
Contracts tied to spot price : : : : : : 9.4 0.3
1  Standard deviation is a measure of range. Higher numbers indicate a greater range of prices.
2  VAT and tax on consumption are not included.
3  All types of contracts, incl. new fixed-price contracts and variable price (not tied to spot price).
4  New fixed-price contacts are entered into the last 3 mos. before the measuring week, and older fixed-price contacts are entered earlier.

Explanation of symbols