Following a couple of weeks of climbing prices in the Nordic forward market, we experienced a slight downtrend in the immediate contracts in the market. The immediate month contracts and the contract for the coming quarter fell, and the Q2-22 contract now costs EUR 71.00/MWh. The weather forecasts continue to indicate low temperatures for the coming weeks, but some forecasts have also indicated that milder and wetter weather will be on the way from the middle of April. The 2022 year contract climbed slightly and is now at EUR 53.90/MWh.
Read Focus here.