The price climbs in the Nordic energy market continued last week. Throughout the course of the week, the weather forecasts became uniform in predicting an impending change to warm, dry weather characterised by high pressure in the Nordic region. This caused prices to climb, not least in the short-term contracts in the market, but a rare week without any price jumps in the coal, gas and carbon markets placed a slight dampener on the upside. When the market closed on Monday, the Q4-21 contract had climbed to EUR 48.75/MWh, while the YR-22 contract has now climbed to EUR 33.00/MWh.
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Riskit hallintaan oikealla strategialla
Nordic hydro-balance improving The weather forecasts have confirmed that the cold winter is no longer on the cards, and this led to further falls in the short-term contracts in the market last week.