Nordic spot power hits record low over Easter weekend

14/04/2020 10:49 Electricity Market

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The Easter weekend saw the two lowest spot prices for Nordic power since the euro was introduced in 1999, Nord Pool figures showed.

The benchmark Nordic system price dropped to EUR 3.82/MWh on Easter Sunday and fell further to EUR 2.06/MWh on Monday.

 

The previous low of EUR 3.89/MWh was seen on 23 July 2000.

 

The cheapest hour on Monday came in at EUR 0.84/MWh and therefore above the all-time low of EUR 0/MWh seen in three hours in July 2009.

Source: montelnews.com

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