After significant gains during week 34, this development continued in a similar fashion, while major gains occurred at the beginning of last as well as this week. Precipitation forecasts kept the hydro balance under pressure, while rising gas and coal prices, emissions quotas and German power contracts supported the price move. Continental power prices were lately also reacting to news that EDF adjusted their reactor outage scheduling partly for up to 3 months. Q4-20 was Monday traded around 27,40 EUR/MWh, while the YR-21 was up at 26,25 EUR/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.