Nordic energy prices fell steadily last week. Following a couple of weeks of dry weather, the weather forecasts have once again changed direction and now indicate precipitation volumes above normal for the coming weeks. Spot prices remain low, and the foundations have therefore been laid for price falls on the short-term contracts in the forward market. The Q3-20 contract closed at a price of EUR 8.20/MWh on Monday, EUR 1.21/MWh lower than last week. The distant contracts also fell together with the fuel and carbon emissions allowance markets. The YR-21 contract now costs EUR 21.30/MWh, a fall of EUR 1.55/MWh for the week.
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Sopiva riskienhallintastrategia on kannattava sijoitus
The price falls in the Nordic system futures continued last week, before drier and colder weather forecasts allowed the market to recover the losses on Monday.