There were further price falls in the Nordic energy market last week. The forecasts indicate relatively clearly that the weather will become both milder and wetter from the end of week 10. The temperatures will rise to only a couple of degrees below the norm, while the precipitation volumes are set to increase. Fuel prices are also falling; both coal and gas for delivery in 2019 have fallen significantly during the last couple of weeks. The forward prices therefore also fell last week. Q2-18 fell by EUR 1.51/MWh to EUR 27.31/MWh, while YR-19 closed at EUR 26.30/MWh on Monday, EUR 0.65/MWh lower than the previous week.
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March 21, 2019. Only eight days before the UK is set to leave the EU, it is still completely uncertain, if it is going to happen at all. The markets await the outcome of the saga.
Vi hjelper våre kunder til lavest mulig pris på strøm. Les mer.
Several weeks in a row of high precipitation volumes have resulted in the Nordic hydro-balance having gone from a deficit of 20 TWh to now being close to 0.