The weather forecasts remain dry and the hydrological situation has weakened, but these scenarios have subsequently been priced in by the market, which did not trade up any further this time. Trading activity is falling, as the holiday spirit is about to set in on the markets. The Q4-18 contract fell by EUR 0.60/MWh to EUR 50.15/MWh, while the YR-19 contract fell by EUR 0.50/MWh, closing at EUR 38.20/MWh on Monday.
Energi Danmark Focus will take a break for the summer holidays over the next two weeks (29 and 30). We will return again in week 31, on Wednesday 1 August.
Read Focus here.
January 24, 2019. The Nordic system price for Thursday was 68.65 EUR/MWh, the highest level in three years. Ice cold weather and low wind power production caused the high prices.
Sopiva riskienhallintastrategia on kannattava sijoitus
The temperatures have dropped below the norm in the Nordic region, and the prospects of the cold continuing for the remainder of the month caused the electricity prices to rise last week. All of Europe is affected by the cold weather.