The more or less sideways trend in the short-term contracts in the Nordic energy market continued last week. The Q3-20 contract fell by EUR 0.66/MWh to EUR 9.35/MWh as a result of slightly wetter weather forecasts, and it has now been a couple of months since we saw any significant fluctuations in this contract. The long-term contracts in the market have increased, predominantly as a result of the carbon emissions allowance market climbing for the majority of the week. The YR-21 contract now costs EUR 23.07/MWh, EUR 1.17/MWh more than on Monday last week.
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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.