The most noteworthy thing since our last issue of Focus is that the weather forecasts have now changed. January looks set to be dry and cold. The Nordic forwards therefore also experienced a significant price climb between Christmas and the New Year, when it became clear that a weather change was being forecast. The Q2-18 contract is now the immediate quarter forward and closed at EUR 22.85/MWh on 30 December. The YR-19 contract climbed to EUR 26.07/MWh. The high price level in the fuel markets and carbon emissions allowance market gave additional bullish momentum to an already climbing market.
Read Focus here.
January 18 2018. It will cost between 1.5 and 2.3 trillion euro for Germany to realize the ambitions of a massive cut in the country’s carbon emission level towards 2050.
Energi Danmark was founded in 1993 and has grown to be an international group.
Germany is considering postponing the country’s climate ambitions. This has caused the country’s electricity prices to fall.