Faroe Islands: Electricity prices are “expensive but fair”

NordenBladet – It is not cheap to provide a reliable electricity supply to all the islands, says professor. 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.

“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.”