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Electricity prices are “expensive but fair”
The Faroes have the highest electricity prices in Europe, claimed Johan Dahl, MP for Sambandsflokkurin, during a recent Parliamentary debate on public energy supplier SEV.
But this is not correct, says Bogi Bech Jensen, professor of energy engineering.
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“Our electricity prices are high, but they are not the highest in Europe – Germany, Denmark and Belgium have higher prices than ours,” he says.
“Our high electricity prices can be justified. It costs a lot more to establish and run a steady electricity supply in a small and scattered network like the Faroe Islands compared to a large, interconnected network like mainland Europe.”
Read the Faroese version of this article here.
Translated by prosa.fo.
