The price of the Nordic system contracts increased on all five days of trading last week. The Q1-22 contract has climbed by EUR 14.10/MWh to EUR 72.10/MWh, while the YR-22 contract is now up to EUR 42.80/MWh, EUR 7.39/MWh higher than one week ago. The weather forecasts now agree that we are heading towards a shift to cold, dry weather for the second half of November, and the hydro-balance deficit looks set to increase further over the coming weeks. At the same time, the carbon market is once again experiencing price climbs, while uncertainty remains high in the gas market.
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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.