The tense situation continued across the energy and fuel markets last week. Following extremely large price climbs in the preceding weeks, this week saw large price falls in the gas and coal markets, as well as the German energy market. There have also been falling prices in the Nordic region, which can be attributed both to the wet weather forecasts for the second half of October and to the consequential impact of the major falls in Germany and the fuel and carbon markets. The Q1-22 and YR-22 contracts now cost EUR 62.50/MWh and EUR 40.50/MWh respectively.
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Focus week 47: Sharp price climbs continued for Nordic forward prices this week, with the colder weather helping the spot prices to soar. Nevertheless, the spread in relation to Germany continues to grow.