Olav Vilnes

The benchmark Dec 24 carbon contract was last seen at EUR 71.60/t, up EUR 0.11 on the day, after it earlier swung between a five-day high of EUR 72.21/t and an intraday low of EUR 70.35/t.

Q4-kontraktet handlades senast till 38,50 EUR/MWh, ned 2,10 EUR från fredagens stängning, medan Oktober omsattes till 21,70 EUR/MWh, ned 2,80 EUR till en ny lägstanivå för kontraktet.

Prices in the south of the country would be subdued by slower consumption growth than previously anticipated, as well as the impact of the increasing frequency of zero or negative prices in neighbouring countries, it added.

“The investment prerequisites for offshore wind in Sweden are currently not viable and Vattenfall has therefore decided to pause all further development of the project,” the state-owned company said in a statement, pointing to the lack of a model for financing grid connection as an example.

He has previously held several positions within the energy industry at companies like Entelios, Kinect Energy and Nordisk Energipartner.

“If we have more or less normal precipitation levels going forward, I think Nordic spot prices in October will be higher than the EUR 19-20/MWh level seen in the future market today,” Ellefsen told a webinar.

The outage started early on Wednesday and comes ahead of a planned outage that is scheduled to cut flows by 13mcm/day from 5-9 September and by 9mcm/day from 9-10 September, data from TSO Gassco showed.

The Dec 24 EUA contract was last seen at EUR 67.05/t, down EUR 1.11 on the day. It had dropped to EUR 67.00/t earlier, the lowest since 26 July.

Norwegian energy agency NVE's rejection of its plans for the 800 MW Davvi wind farm in Lebesby, together with limited grid capacity in eastern parts of the northern Finnmark county, made it necessary to reconsider, project leader Simen Hauland told Montel.

(Montel) Swedish market participants have criticised plans for flow-based market coupling in the Nordic region's day-ahead market, fearing the launch