Since our issue last week, the Easter holidays have limited trading activity, but the Nordic energy market managed to climb further before the holiday began. This was predominantly due to the major price jump in the carbon emissions allowance market, which, in the space of just a couple of weeks before Easter, climbed by more than 40%. The market has therefore already recovered much of the ground lost in March. When the Nordic energy market closed for the Easter holidays, the Q3-20 contract cost EUR 9.70/MWh, an increase of EUR 0.60/MWh for the week, while the YR-21 contract has increased by EUR 1.30/MWh to EUR 22.60/MWh.
Read Focus here.
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.