Focus week 47: Sharp price climbs continued for Nordic forward prices this week, with the colder weather helping the spot prices to soar. Nevertheless, the spread in relation to Germany continues to grow.
Focus week 46: The second half of November looks set to be dry and cold and, as carbon has also climbed to new record highs, the foundations were laid for major price jumps in the Nordic energy market last week.
Focus week 45: The uptrend in the Nordic energy market returned last week, when both spot and forward prices climbed, following the significant price falls in the previous week.
Focus week 44: Nordic energy prices fell even further last week, and there was also a downtrend in the coal and gas markets. Nevertheless, there is still significant uncertainty, and the daily fluctuations are substantial.
Focus week 43: The Chinese government was no longer willing to quietly watch the rising coal prices and has therefore ordered an increase in Chinese coal production. This has triggered a sharp price fall, including in Europe.
Focus week 42: The price spread between the Nordic region and Germany remains very large. The traditional correlation between the two markets has been taken out of play completely by the current circumstances.
Focus week 41: The fluctuations in the international fuel markets and energy markets remain sky-high. Both gas and coal prices fell drastically last week, following the extreme price climbs earlier in the month.
Focus week 40: The area prices in large parts of the Nordic region continue to climb drastically after another week of price falls in the Nordic system contracts, while electricity prices continue to soar in Germany.
Focus week 39: Fuel markets and the German electricity market continue to climb. The price climbs in the Nordic region, however, have slowed down as a result of wetter weather forecasts and an improved hydro-balance.
Focus week 38: The daily fluctuations in the Nordic energy market are currently colossal. The prices fluctuate by several euros on a daily basis in a market in which gas continues to set the tone.
Focus week 37: Gas outlook continues to imply risks for price spikes heading into the winter season; shortly occurring chance of increase in precipitation replaced by drier forecasts again.
Focus week 36: Rally to new highs in gas, carbon and German power at beginning of this week add to pressure from high spot power prices, dry conditions.
Focus week 35: Dry weather forecasts, sky-high spot prices and continuously climbing fuel and carbon prices caused the upturn to return to the Nordic energy market last week.
Focus week 34: Downtrend across all markets last week. A nervous gas market continues to set the tone for electricity prices across Europe.
Focus week 33: The uptrend in the short-term contracts in the forward market continued last week, with spot prices also reaching new record-high levels.
Focus week 32: Recent weeks have been characterised by major new price climbs in the Nordic region. The most frequently traded contracts are now at the highest price levels observed in years.
Focus week 29: Energi Danmark Focus is taking two weeks off for the summer holidays. We will return on Wednesday 11 August.
Focus week 28: Trading activity is declining across the markets and, over the coming weeks, fluctuations will be based on relatively few transactions compared to normal.
Focus week 27: Following a brief quiet period, the European carbon market has regained momentum. Last week, the carbon price rose to its highest ever level.
Focus week 26: The spot prices are soaring in some parts of the Nordic region. Denmark and Southern Sweden have been hit hard, while other price areas are not experiencing as sharp increases.
Focus week 25: The sharp price falls in the Nordic forward market continued at the start of last week. However, the losses were regained on Friday and Monday.
Focus week 24: Extremely wet weather forecasts affected both the spot prices and the forward prices in the Nordic energy market last week, when we experienced some sudden price falls.
Focus week 23: Nordic spot prices continue to climb, and June looks set to become the most expensive month in several price areas for more than two years.
Focus week 22: Following a cold, wet spring, the weather forecasts for the Nordic region have now become both warm and dry. There is once more a hydro-balance deficit.