Nordic grid (Statnett area)
Norway
$0.126$/kWh · Market benchmark
0.04–0.13Range
8+facilities
What matters for data centers
Hydro-dominated grid keeps industry price bands among Europe's lowest — the draw behind Nordic AI-capacity campuses.
Business average (GlobalPetrolPrices, Dec 2025); Statistics Norway's manufacturing/industry price band ran closer to NOK 0.415/kWh (~$0.04) as of Q3 2025, since large industrial consumers on direct grid connections skip the network fees and taxes bundled into the general commercial rate — a hyperscale data center's actual cost sits nearer that hydro-driven industrial floor, one reason operators cite Norway as a low-power-cost Nordic alternative to Sweden and Finland.
Source
GlobalPetrolPrices — Norway business electricity · Sources →
Data centers in this market
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