A single week of climbing electricity prices in the Nordic region was all we got, before the market started to fall again. Last week, the long-term contracts experienced price falls that could be attributed both to falling coal and gas prices and an improved hydro-balance. The immediate contracts in the forward market also fell, as the weather forecasts appear to agree that the mild weather will return at the end of this week. The Q2-19 contract ended the week with a fall of EUR 0.95/MWh and now costs EUR 40.15/MWh. The YR-20 contract has fallen by EUR 2.94/MWh and is now at EUR 35.46/MWh.
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March 21, 2019. Only eight days before the UK is set to leave the EU, it is still completely uncertain, if it is going to happen at all. The markets await the outcome of the saga.
Sopiva riskienhallintastrategia on kannattava sijoitus
Several weeks in a row of high precipitation volumes have resulted in the Nordic hydro-balance having gone from a deficit of 20 TWh to now being close to 0.