Electricity prices in parts of Norway fell below zero for the second time in history early on Monday, and residents in southern Norway ‘got paid’ for using electricity as power producers have to pay to sell electricity when prices are negative. According to Norwegian outlet E24 , electricity prices in and around Oslo and Kristiansand were negative for four hours in the early hours of Monday. This was the second time in history that electricity prices in Norway have dropped below zero. In early July, electricity prices in Norway went negative for one hour. Back then, some of the reasons for the first-ever negative electricity prices were a lot of snow in the mountains, limited exports of electricity, and the start of the summer vacations during which Norwegian power consumption is lower than normal. The latest negative electricity price from Monday was the result of heavy rainfall and wind […]