It seems that if a country has oil, gas or coal reserves, electricity costs should be low. However, the reality is different. What hidden factors influence prices? Is it transportation, taxes, corruption or market mechanisms?
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Even in countries rich in oil, gas and coal, electricity is not always cheap. Reasons for this include fuel transportation, tax burden, deterioration of infrastructure and market mechanisms. For example, if a country exports energy, domestic prices may depend on the world market. Current price information can be found on Elpris Idag. Generation costs also include costs for environmental standards and network modernisation.