Focus week 41: For the first time in around five years, the price of one tonne of coal exceeded USD 100 last week. This caused further increases in the Nordic energy market.
Following a prolonged period of major daily price fluctuations, the Nordic energy market quietened down slightly last week, with smaller fluctuations. Nevertheless, the week did end overall with climbing prices both in short-term and long-term contracts thanks to the drier weather forecasts and increasing coal and carbon emission allowance prices. The Q1-18 contract climbed by EUR 0.45/MWh to EUR 49.00/MWh, while the YR-19 contract closed at EUR 39.55/MWh on Monday, EUR 0.27/MWh higher than last week. The liquidity in the market remains lower than normal.
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Vi hjelper våre kunder til lavest mulig pris på strøm. Les mer.
The downturn in the Nordic energy market continued last week, when the unusually mild weather conditions continued to overshadow all other factors in the market.