The Nordic energy market continued to experience price falls last week, and the already hard-pressed market now has another large bearish factor to worry about. There was still room for price falls, especially in the long-term contracts in the market, and the short-term contracts also experienced further falls, with prospects of a summer in which electricity consumption may be much lower than had originally been expected. The Q2-20 contract fell by EUR 1.70/MWh during the course of the week and now costs EUR 10.25/MWh. The YR-21 contract has fallen by EUR 1.80/MWh and is now trading at a market price of EUR 23.85/MWh.
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Sopiva riskienhallintastrategia on kannattava sijoitus
The Nordic energy market experienced a sharp price fall last week. Significantly wetter weather is on the way, and this caused prices to fall by more than 10% in both the coming quarter and year contracts.