Week 19 was yet another week of price climbs in the Nordic energy market, which is experiencing bullish signals from virtually every side. The weather forecasts are completely dry, the German energy market is climbing substantially and the upturn in the fuel markets continues. Only the slightly falling spot prices pulled slightly in the other direction. When the market closed on Monday afternoon, the Q3-18 contract cost EUR 36.15/MWh, an increase of EUR 1.85/MWh since last week. The YR-19 contract increased by EUR 1.65/MWh. It closed at EUR 34.75/MWh on Monday, its highest ever price level.
Read Focus here.
May 23 2018. The flood, the annual snow-melting season in the Nordic area, has now started. The warm May-weather has led to a lot of water in the Nordic rivers.
Vi hjelper våre kunder til lavest mulig pris på strøm. Les mer.
Week 20 was again not the week in which the price climbs came to an end, either in the Nordic energy market or in Germany or the international fuel markets.