Montel News - Energy Insights
Nordics face strong power prices amid low reservoir levels
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Hydropower reservoirs in the Nordics are significantly depleted. Expect tighter generation margins and upward pressure on power prices through autumn and winter. While imports and rising renewables can blunt the impact, market participants and policymakers should plan now for more frequent, prolonged dry periods.
Reporting by Snjolfur Richard Sverrisson, Editor-in-Chief, Montel News. Contributors: Silje Holmen, Head of Hydrology, Volt; Eylert Ellefsen, Senior Analyst, Montel; and Mark Stephens-Row, Client Engagement Manager, AtmosphericG2.
