As 2020 represents an extreme hydropower situation in Norway (partly in Sweden and Finland as well), we have made the extra effort to inspect with our own eyes – and camera! – several hydro reservoirs in the NO2 price zone.
Read StoryWe expect Norwegian reservoirs will reach 93%-95% of max capacity in the first half of August, but developments will be bumpy and uneven across the country.
Read StoryEuropean spot prices turned out significantly higher in June than what the market expected by the end of May. In this blog post, we’re reviewing the main reasons, focusing on France and Germany.
Read StoryFrance’s decision to cut the country’s nuclear production target for 2020 spooked markets, but given normal weather conditions Q4 prices for France should come down significantly from current levels, an EQ analysis of the fundamental situation indicates.
Read StoryOverall hydropower production in the SEE region has until week 24 been at about 70% of normal, but a recent surge in precipitation has improved inflows in the region, where hydropower represents 20%-25% of overall power supply.
Read StoryPower markets have changed a lot since the start of 2018 due to stronger EUA-prices and falling gas- and coal prices. To illustrate how customers can benefit from our pool of market data, we have reviewed German power market developments since the start of 2018.
Read StoryInflows in SE1 and SE2 were below the seasonal normal until the last week of May (wk 22), but EQ analysis shows a strong increase in inflow and run-of-river production from the beginning of June (wk 23 and onwards).
Read StoryEQ on Wednesday forecast France hydro reservoir filling will reach close to 80% of max capacity by the end of next week (wk 24) and will continue rising given normal levels of precipitation and inflow.
Read StoryEuropean power demand has recovered faster than anticipated as lockdowns have been eased across Europe, but EQ’s latest forecast shows annual demand in 16 western European countries will still drop to around 3% below normal levels.
Read StoryEQ hydrology forecasts show inflow to Norwegian reservoirs will average 180% of normal levels over the coming two weeks, as higher temperatures accelerate the spring melt.
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