Volt and BCG Study: Sørlige Nørdsjø II Will Give Significantly Lower Power Prices
The bidding for Sørlige Nordsjø II started March 18th, 2024, with two consortiums participating in the auction. March 20th, 2024, the Norwegian government announced that Belgian Ventyr outcompeted Equinor and won the right to build out the 1.4 GW of offshore wind capacity.
Baltics Expecting Reduced Power Balance Deficit on Higher Renewables in 2024
Volt Power Analytics anticipate significant shifts in 2024 for the Baltic region’s power landscape. With increasing renewable resources, changes in consumption, thermal capacity and hydro availability, we have observed a shift in the regions energy mix for 2024.
January Brings Elevated Finnish Spot Prices
The Finnish spot price has soared to €228/MWh, a significant increase compared to the system price (€94/MWh) and other Nordic area prices. At the same time, spot area prices for Estonia, Latvia, and Lithuania are also elevated, reaching €222/MWh.
Viking Link Online: Stronger Interconnection to Great Britain Increases Nordic Prices
The Viking Link cable connecting Western Denmark and the UK is set to become operational on December 29th of this year.
Negative Prices in the Nordics: The New Normal?
Quite the ride for Nordic power producers over the last year, climbing from record highs last year to record lows below zero this year in the hourly spot market.
Introducing the Nordic Horizon Webinar
Our Nordic Horizon Webinar is a new free market update from Volt Power Analytic’s market analysis team.
Strong Power Consumption Growth Forecasted in all Nordic Countries
Anticipating robust growth in power consumption in the Nordic countries up to 2030.
Summer Internships at Volt Power Analytics
Over the next weeks we’ll be taking applications for Summer Internships at Volt Power Analytics. Below are some of our stories from our previous year’s interns.
The Nordic Horizon: Energy Supply in 2030
At Volt Power Analytics, we forecast a 25% higher electricity supply, and a race to reach renewable targets.
Nordic Energy Markets Shaked by Wet Weather in September
In early August, Storm Hans made its presence felt, bringing with it heavy rainfall that significantly impacted numerous hydropower systems.
Solar to be the Highest Contributor to Installed Capacity Growth in NO2 Towards 2030
What does the NO2 power balance look like towards 2030?
Welcome Odd Gunnar Jakobsen
Odd Gunnar Jakobsen becomes apart of the Volt Power Analytics team.
Welcome Olav Botnen
Welcome Onboard Co-Founder and Nordic Market Expert Olav Botnen!
Olkiluoto 3 online after 18 years of construction
Our Managing Director is featured in an interview with Teknisk Ukeblad
Press release
Olav Botnen, Katinka Bogaard and Borge Bogaard have joined forces through their new endeavor Volt Power Analytics.
