The falling trend continued in the Nordic energy market last week, albeit not quite as strongly as the previous week. The continued negative mood was predominantly caused by some very wet weather forecasts and an improved hydro-balance, supported by a downtrend in the fuel markets and carbon emissions allowance market. When the market closed on Monday, the Q4-19 contract cost EUR 38.15/MWh, EUR 1.45/MWh less than last week. During the same period, the YR-20 contract fell by EUR 0.65/MWh and is now at EUR 35.90/MWh.
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Sopiva riskienhallintastrategia on kannattava sijoitus
Precipitation volumes across the Nordic region have been high during January and the hydro-balance surplus continues to grow. Price falls are also continuing in the energy market.