Tuesday, 16 October 2018
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The volume weighted average prices (VWAP) for Nordic hydro continued to increase in September and reached historically high levels. At the end of the month, the VWAP for 2018 production was 196.03 Eurocent/MWh, corresponding to a 14.7% increase since August. 2019 production sold at a volume weighted average price of 213.81 Eurocent/MWh, an increase of 16.9% since August.
Prices started to decrease towards the end of September. As of the 16.10, the VWAP for Nordic hydro 2018 production was 159.14 and 199.50 Eurocent/MWh for 2019 production. This corresponds to a 19% and 7% decrease respectively.
The currently below average hydro reservoir levels together with the coming winter and the expected ri...