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SNOW

Cold spell puts Swedish homes in the dark

A cosy night at home ended in a blackout for around 14,500 people in central Sweden on Tuesday evening when the pressure to keep warm caused mass power cuts.

As temperatures plummeted to minus 18 degrees in the capital, Stockholmers decided it was time to turn up the heat.

A resulting power cut which started at 5pm affected around 3,000 homes which were without electricity for up to six hours.

Those worst affected were inhabitants in Dalarö and Ornö, just outside the city, and customers of energy company Vattenfall.

“The power simply became too much for some lines when people turned their radiators up,” said Vattenfall spokesperson Magnus Örvell.

By 11pm electricity had been restored to most homes in the area.

Around 11,500 Fortum customers in central Sweden were also left in the dark on Tuesday evening. In the Stockholm suburb of Täby, 8,209 homes suffered from the power cut.

Engineers worked throughout the night and by Wednesday morning the number was reduced to 600.

”Things break due to an overload when it gets cold,” Fortum engineer Fredrik Beckius told newspaper Expressen. ”We have brought extra people in,” he added.

“Should it get colder we will have to deal with the situation.”

Swedes can expect temperatures to plummet even further with weather forecasters predicting minus 40 degrees in Dalarna and minus 20 degrees in Stockholm later in the week.

There were no reports of power trouble in northern Sweden despite the lowest temperature of the season recorded at Hemavan airport in Lappland, which reached 38.8 degrees.

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ELECTRICITY

KEY POINTS: How will Spain tackle rising electricity prices?

On Tuesday, the Spanish government approved a raft of measures to help reduce the ever-increasing electricity bills that those in Spain have been facing in recent months. Here's how they plan to do it and what measures will be in place going forward.

KEY POINTS: How will Spain tackle rising electricity prices?
How the Spanish government plans on reducing electricity bills. Photo: Michael Schwarzenberger / Pixabay

Electricity prices have been rising to record levels recently, with one of the highest prices yet at €172.78 /MWh, expected on Wednesday, according to electricity market operator OMIE. 

Here’s how the government plan on lowering the price of electricity in Spain. 

Prohibiting companies from cutting off electricity for low-income families

The government has approved a new rule which states that vulnerable consumers (families with low incomes) will be able to benefit from 3.5kW of power – sufficient for an average household for six months – in the event that they are unable to pay. This means that the limit at which companies can now cut off the electricity supply of the most vulnerable has been extended from four to ten months.  

Tax cuts

Special tax on electric power has also been dropped from 5.1 percent to 0.5 percent, as promised by Prime Minister Pedro Sánchez during his interview on TVE on Monday. The suspension of the tax on electricity production has also been extended.  

Electricity auctions

One of the most innovative decisions among these new measures is that the government will call auctions in which the large electricity companies such as Endesa, Iberdrola, Edp, and Naturgy will be obliged to sell a percentage of the energy they generate.  

These auctions, which will have a minimum price to guarantee production costs, will be attended by small trading companies and large industries. These companies will then be able to purchase energy cheaper than in the current wholesale pool. Mainly nuclear and hydroelectric plants will participate in this plan.

The government announced that the first auction will be called before the end of the year. 

Putting a cap on gas prices

During the next two quarters, the price of gas consumed by households will not be updated in accordance with market prices.

Third deputy Prime Minister Teresa Ribera explained that a price hike of more than 28 percent for gas in the wholesale market is expected, while on average the regulated rate will rise below five percent.

In addition, until March 31st 2022, the government will tax the profits of the electricity companies, due to the rise in gas prices. They have established a cap of €20 euros per megawatt hour for gas, and when it rises above that price, the extra profits obtained by the companies will be charged a tax that will be used directly to reduce electricity bills.

Maximum and minimum reservoir levels

After the controversial drainage of reservoirs by the electricity companies coinciding with the maximum prices in the wholesale market, the government has decided to set maximum flow levels that can be discharged each month, and minimum levels that must be maintained in the reservoirs.

This prevents an excessive amount of water from being drained. It will be the hydrographic confederations that will set these amounts.

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