Following Norway’s adoption of the EUs third energy package, the energy regulator is considering the sale of transmission rights on Norway’s borders. Such rights offer a potential hedging opportunity for market actors. In a recently published report for the regulator, we look at the possible benefits and hidden consequences.
2020 has shown record-low Nordic power prices. It is tempting to blame the COVID-19 pandemic for low prices and dividends, but in fact, the weather is the main culprit. And while future prices trend upwards, price volatility is set to increase.