Following a couple of weeks of price falls, there were significant price climbs in the spot market last week. The delivery prices in the Nordic region generally became slightly higher than the markets had anticipated, due to both the calm, dry weather and the impact of the Russian ban on the export of electricity to Finland. Finland experienced the most expensive week in the spot market all year, while the average Nordic system price for the week was EUR 145.78/MWh. The developments in the forward market were relatively neutral for both quarter and year contracts.
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