During the first half of 2020 the Energi Danmark Group realised a profit before tax of DKK 130.6 million. This corresponds to a yearly return on equity before tax of 22%. The revenue of DKK 21.5 billion in the first half of 2020 is on the same level as the previous year.
In August, spot prices could increase, although the level will likely remain far below the average for this time of the year.
The fears of the new corona virus are starting to dominate the markets. The oil price has dropped more than 10 % during the last week due to the uncertainty.
BlueKolding’s desire to contribute to the green transition and reduce carbon dioxide emissions was made possible using Demand Response. Energi Danmark manages the flexible units of the wastewater treatment plant and this creates value for both the society and the bottom line.
For the second week in a row, mild and wet weather forecasts caused significant falls in the Nordic forward prices. The markets do not believe that the cold weather is likely to make a proper reappearance this winter.