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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December 17 2018. The Nordic power market rose sharply at the end of week 50, and early Monday, the market is experiencing the highest prices ever for both the YR-19 and the YR-20 contract.