Last week’s explosive opening has been followed by some cooling down. While weather forecasts started to vary already on Monday, in the course of the week it became more apparent that in the short run low pressure impact from the west is keeping precipitation levels a bit more elevated than anticipated earlier. However, at the end of the week a slight change in scenarios occurred, where the risk of a drier development during the latter half of this month is included. Q4-20 was Monday traded around 26,15 EUR/MWh, while the YR-21 was seen at 25,65 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.