A single week of climbing electricity prices in the Nordic region was all we got, before the market started to fall again. Last week, the long-term contracts experienced price falls that could be attributed both to falling coal and gas prices and an improved hydro-balance. The immediate contracts in the forward market also fell, as the weather forecasts appear to agree that the mild weather will return at the end of this week. The Q2-19 contract ended the week with a fall of EUR 0.95/MWh and now costs EUR 40.15/MWh. The YR-20 contract has fallen by EUR 2.94/MWh and is now at EUR 35.46/MWh.
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March 19 2019. Once again, security issues on the French nuclear power are causing concerns. This topic has been a major factor on the European power markets several times over the last years.