Electricity prices dip to lowest level since May

Windy weather across Europe means and falling gas prices could lead to more of the same in the coming months

Oct 5, 2022

If you’ve been waiting for more favourable electricity prices to get to that massive pile of laundry in the basement, today is a good time to get to it.

Thanks to windy weather today, electricity prices are set to hit their lowest mark since May, according to the Nord Pool power exchange.

“We have a lot of affordable energy at our disposal. We actually have more than we need, particularly because there is a lot of wind across much of Europe,” Kristian Rune Poulsen, a head consultant with Green Power Denmark, said according to DR Nyheder.

Gas prices dropping
Poulsen said that he expected more days like today in the near future as there is typically more wind during the Autumn months.

But because Europe also relies on gas to produce electricity when it is not windy, the falling gas prices will also have a positive impact on power prices.

Check out the daily electricity prices from Nord Pool here.

TOP STORIES

Danish politicians will double life science exports in a few years

“Strategy for life science” is a policy agreement to support the pharmaceutical industry’s opportunities to double exports to DKK 350 billion towards 2030
Royal House unveils new portraits of King Frederik and Queen Mary

Ten months after Frederik went from crown prince to king, new civil portraits of the new royal couple have been taken.
“Without internationals, we wouldn’t have the people we need,” says Fujifilm

Fujifilm’s Hillerød facility thrives with a diverse workforce, employing over 1,800 people from more than 65 nationalities. Morten Munk, Director of Global Alliance Management, highlights how the company’s rapid growth relies on attracting international talent due to Denmark’s limited pool of scientific professionals.
Denmark’s green transition is world class – according to the global climate index

No country has an ambitious enough climate policy to be awarded first, second or third place in global climate policy. Denmark holds 4th-place ranking in the Climate Change Performance Index
“Now the biggest challenge is to retain internationals”, says Ferring

Mads Hougaard, senior HR director at the pharmaceutical company, explains that “it is also a challenge for society itself. I think collaboration between institutions, companies, and stakeholders could be beneficial.”
“How on earth do you learn all those lines?”

This is the question actors are often asked. Actors dread it because they always hope that their performance was what mattered most, not the mechanics of getting there

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

5 Dec: A guided tour of Christiansborg

Career

“Without internationals, we wouldn’t have the people we need,” says Fujifilm

Fujifilm’s Hillerød facility thrives with a diverse workforce, employing over 1,800 people from more than 65 nationalities. Morten Munk, Director of Global Alliance Management, highlights how the company’s rapid growth relies on attracting international talent due to Denmark’s limited pool of scientific professionals.
“Now the biggest challenge is to retain internationals”, says Ferring

Mads Hougaard, senior HR director at the pharmaceutical company, explains that “it is also a challenge for society itself. I think collaboration between institutions, companies, and stakeholders could be beneficial.”
Only 0.3% of people enrolled in the tax course are unemployed, Københavns Professionshøjskole says

According to a screening conducted by Københavns Professionshøjskole (KP) among its graduates, those with the highest chance of success in finding a job are tax specialists: after graduation, only 0.3% of people enrolled in the tax course are unemployed. Very close to them are the professionals who graduated in Midwifery (with 0.4% unemployment).

Want to advertise your job with CPH Post?

Jobs