# Soaring Electricity Prices Hit Southern Sweden Hard

Record-breaking energy costs expected to worsen this week due to supply constraints.

- **Source:** [Dagens Nyheter](https://www.dn.se)
- **Published:** 2026-11-09
- **Topic:** [Business](https://brifing.si/c/business)
- **Original article:** <https://www.dn.se/ekonomi/elpriserna-skenar-blir-varre-i-veckan/>
- **On Brifing:** https://brifing.si/s/d345f3ea-0420-4ff6-8c91-011c22311c47

## Record Prices in South

Electricity prices in southern Sweden have reached unprecedented levels this November, particularly in the SE4 region. Consumers in Skåne, Blekinge, Halland, Kronoberg, and Kalmar are facing the highest costs in recent history. Average prices hit 3.20 kronor per kilowatt-hour last Friday, significantly surpassing the previous monthly record set in October.

## Supply Chain Disruptions

The price surge stems from a combination of factors, including unexpected maintenance at several nuclear power plants. With nearly half of the Nordic nuclear capacity offline, transmission between regions is severely restricted. This forces the southern grid to rely heavily on imports from neighboring countries where gas prices remain extremely high.

## Impending Weather Impact

Analysts warn that conditions will deteriorate further before improving. Forecasts indicate a period of calm weather in Germany, which will drastically reduce wind power generation. This lack of renewable energy input is expected to push electricity prices even higher between Monday and Wednesday compared to the levels observed last week.

## Regional Price Disparity

A stark contrast exists between the north and south of Sweden. While SE3 and SE4 struggle with high costs, regions north of the Dalälven river, SE1 and SE2, enjoy surplus energy. These northern areas currently see average prices as low as 17 and 11 öre per kilowatt-hour, highlighting significant internal grid imbalances.

## Future Supply Outlook

Relief is expected later in November as several nuclear reactors resume operations following extended maintenance periods. Increased domestic supply should exert downward pressure on prices in southern Sweden. However, the futures market suggests that high costs will persist through the winter, with projections averaging 1.70 kronor per kilowatt-hour through February.

## European Gas Influence

The volatility in Swedish electricity markets is deeply linked to European gas prices, which are currently inflated due to geopolitical tensions involving Iran. Because the southern Swedish grid is integrated with the continent, these external energy costs directly impact local consumer bills, creating a dependency that is difficult to mitigate quickly.

## Geopolitical Market Dynamics

Market analysts suggest that potential diplomatic breakthroughs between Iran and the United States could stabilize gas prices. If supply outlooks improve, current gas stockpiles might be utilized more effectively, leading to a decline in costs. Nevertheless, physical delivery logistics from the Persian Gulf remain a slow process for European markets.

## Long-term Market Implications

The current energy crisis underscores the vulnerability of southern Sweden to regional supply disruptions and continental price shocks. While maintenance schedules are temporary, the reliance on imported power during peak demand periods remains a structural challenge. Consumers should prepare for sustained financial pressure throughout the upcoming winter months until grid stability improves.

## Sources covering this story

- https://www.dn.se/ekonomi/elpriserna-skenar-blir-varre-i-veckan/ — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
