Quarterly Updates of our Long-Term Price Prognoses

Dec. 1, 2020Espen Andreassen

On Tuesday December 8th 2020, we publish quarterly updates of our long-term price prognoses for the Nordic Countries and Central Europe.

A move back to normal in economic activity and macroeconomic optimism is evolving further after the coronavirus outbreak shook European energy markets. Emission abatement and promotion of new technologies are getting increased focus. This has central attention in our long term reports' December update.

Highlights for the Nordic and Central European Report

  • Elevated long term GHG reduction ambitions seem likely to eventually be agreed among member states, hence stronger emission abatement will be necessary to bring the market in balance
  • Green hydrogen is surfacing further as a major technology in long term energy balances across Europe
  • We have raised our expectations to offshore wind promotion in the Nordic Countries

The Nordic report applies findings and power price prognoses for Germany, Netherlands and UK as depicted in the Central European report. 

With a thorough focus on policy developments and power balance outlooks, our power price prognoses for Central Europe are obtained by applying detailed hour-by-hour price simulations. This report has major attention to weather scenarios for power price simulations. 

The report, along with summarizing videos, will be published Tuesday, December 8th, 2020, at 12 pm for subscribers. Kindly note that we also host webinars for subscribers Thursday 10th of December, discussing the major findings of both the Nordic and Central European long term reports.

If you are currently a subscriber, click here to access the latest report, or contact our sales team to receive a quote.