Last week was characterised by very moderate price fluctuations in the Nordic energy market. Overall, the week ended largely at the same price level as it started, both with regard to the short-term and long-term contracts. Following a strong start, the allowance market fell towards the end of the week, and the market also received some mixed signals from the weather forecasts. On Monday, the Q3-19 contract closed at EUR 41.90/MWh, exactly the same price as the previous week, while the YR-20 contract has fallen slightly, dropping by EUR 0.45/MWh and ending at a closing price of EUR 36.50/MWh on Monday.
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August 23, 2019. The coming quarter forwards on the Nordic power market are underprices, according to an analyst from Wattsight, who projects prices around 5 EUR/MWh higher than what the market is trading at today.
Sopiva riskienhallintastrategia on kannattava sijoitus
The price falls in the long-term contracts in the energy market continued last week, with both coal and carbon emission prices dropping down another notch. However, the short-term contracts are staying put as a result of dry weather forecasts.