We have observed some of the variations in simulated system prices versus simulated area prices in NO2, SE2 and DE. DE prices remain over the system prices, as the Nordic hydropower flexibility cuts the DE thermal generation costs to spread fully into the Nordic system prices in an efficient way.

Booming solar PV production across Europe has led to declining capture prices and rates. Our solar PV capture prices, based on hourly EMPS price forecasts, indicates that the Stockholm price area (SE3) will face challenges in remaining profitable over the coming years.

Booming solar PV production across Europe has led to dwindling capture prices and rates. Our solar PV capture price based on our hourly EMPS price forecasts shows that the Oslo price area (NO1) could be an exception.

We recently conducted a scenario analysis in which the Olkiluoto 3 nuclear power plant in Finland experienced an unplanned outage during Q4 2024 and Q1 2025. The impact on winter product prices is depicted in the chart.

Last Wednesday, NVE reported the highest reservoir level in South of Norway (NO2) in 10 years, while NO1 and NO5 were both close to the 10-year high. Despite high reservoir levels, spot prices for NO2 for Monday June 17th, were at their highest since January (daily average of 79.9 €/MWh) and the highest priced hour since December 1st, 2023, at 190 €/MWh.

The European Energy Landscape Is Changing: The Power Situation Year on Year Throughout Europe Can Be Drastically Different.
From May 28th, we’re inviting all power market participants to trial our Forward Horizon and join Volt Power Analytics as early adopters.

Volt Power Analytics are releasing their 2035 outlook for the Norwegian bidding areas – the first forward price report to be created in hourly resolution in EMPS.