News

placeholder

Solar to be cheapest Nordic energy source by 2035

14/03/2023 (Montel) Solar will outcompete onshore wind to become the cheapest source of new power generation in the Nordic region by 2035, while new nuclear would not be profitable, consultancy StormGeo said on Tuesday.

placeholder

Analyst dismisses TSO forecast of Norway power deficit

01/03/2023 (Montel) Norway’s power consumption would have to increase by almost 30 TWh over the next three years for it to end up with a power deficit, said a leading Storm Geo analyst, dismissing TSO forecasts.

placeholder

Germany needs coal to power next winter – analysts

09/02/2023 (Energetika.Net) Germany is estimated to have saved 21% of gas year on year in the power sector this winter by turning to coal plants, which will also be needed next winter, analysts told Montel this week.

placeholder

StormGeo venter sommerpriser over 90 euro i Sør-Norge

08/02/2023 (Montel) Norge er ikke rammet av noen kraftkrise, men forbrukerne i Sør-Norge må likevel belage seg på gjennomsnittspriser over 90 EUR/MWh gjennom sommeren, ifølge sjefanalytiker Sigbjørn Seland i Storm Geo.

placeholder

Seland: Magasinene i Sør-Norge flyter snart over

10/11/2022 (Montel) Mange vannmagasiner i Sør-Norge er nesten fulle, og regjeringen bør dermed gi tydelig signaler om at vannsparingen kan opphøre, ifølge StormGeos sjefanalytiker Sigbjørn Seland.

placeholder

Derfor blir strømmen billigere i Sør-Norge søndag

19/09/2022 (Aftenposten) Søndag faller strømprisen i Sør-Norge. Høstvær i Europa gir økt produksjon.

placeholder

Analytiker tror strømprisfall skyldes varsel om EU-krisereform

02/09/2022 (Nationen) Det plutselige strømprisfallet i Sør-Norge skyldes i stor grad EU-kommisjonens varslede energikrise-reform, tror sjefanalytiker Sigbjørn Seland i Storm Geo.

placeholder

Ny årstopp for strømprisen på Østlandet og Vestlandet

11/08/2022 (E24) Prisene rundt Bergen og Oslo når årets høyeste nivå fredag. Sørvest-Norge har fremdeles den dyreste strømmen i landet, og prisen stiger også her fredag.

placeholder

NORDIC – Curve edges down amid low liquidity

28/06/2022 (Montel) Nordic power futures are edging down on Friday in a market short on liquidity and new fundamental signals.

placeholder

NORDIC – Front jumps EUR 4 on drier outlook

22/02/2022 (Montel) Nordic power futures rose sharply on Tuesday morning in response to drier forecasts and higher fuel prices amid reports of Russian troops entering eastern Ukraine.

placeholder

Nordic price differences may last to September – StormGeo

02/02/2022 (Montel) The large price differences between the Nordic region’s spot power market bidding zones will likely continue until September, a StormGeo analyst said on Tuesday.

placeholder

European Power Prices Extend Decline as More LNG Offers Relief

12/01/2022 (Bloomberg) European electricity prices plunged as increasing supplies of liquefied natural gas is easing the region’s energy crunch. 

placeholder

Strømprisen skyter opp igjen over hele landet

01/12/2021 (E24) Etter to dager på rad med fall stiger strømprisen til årets nest høyeste nivå i Sør-Norge. Med nettleie og avgifter må kunder ut med nær tre kroner kilowattimen torsdag.

placeholder

France Faced With Power Market Crunch Next Week as Demand Jumps

01/12/2021 (Bloomberg) French power prices for next week are at near record levels as a drop in temperatures is expected to boost demand to the highest level yet this winter.

placeholder

Strong electricity price jump in southern Norway on Monday

22/11/2021 (E24) The price of electricity is rising to the highest level since the record in October. - Will be a lot of this type of price over the winter, says analyst.

placeholder

NORDIC – Q1 jumps EUR 3 on drier forecasts

28/10/2021 (Montel) Nordic power futures rose on Tuesday, with the Q1 contract rising more than EUR 3, as the latest weather forecasts showed a drier outlook for November.

placeholder

Europe’s Power Crisis Moves North as Water Shortage Persists

04/10/2021 (Bloomberg) As the frontier of Europe’s energy crisis moves north, the Nordic region faces a worsening power crisis as dwindling water reservoirs hamper the generation of hydroelectric power.

placeholder

Strømkrisen kan være avverget: Venter kraftig prisfall

30/09/2021 (E24) September bød på de høyeste strømprisene i Norden noensinne. Nå er det ventet et prisfall på grunn av solide nedbørsmengder. – Det kan hende at vi har sett toppen og at krisen er avverget, sier strømanalytiker Sigbjørn Seland.

placeholder

Nordic power set for further gains ahead of winter – traders

16/09/2021 (Montel) Nordic power futures looked set to extend contract highs ahead of winter amid tight hydropower supply and buoyant gas and electricity prices across Europe, traders said.

placeholder

Tradere ser stor oppside i "vanvittig" marked

16/09/2021 (Montel) Den voldsomme prisstigningen i nordiske og europeiske kraftpriser den siste tiden mangler sidestykke, sier erfarne krafthandlere i bransjen. De ser ikke for seg at prisene snur ned før det kommer mye regn og vind.

placeholder

Rekordhøye britiske strømpriser før norsk kabel startes opp: – Vil dra opp prisene

16/09/2021 (E24) Strømprisen i Norge kan øke når den norsk-britiske strømkabelen settes i drift om to uker, tror analytiker Sigbjørn Seland i Storm Geo. – Den kan godt stige til over tysk nivå, sier han.

placeholder

German power exports may rise this winter – experts

14/09/2021 (Montel) German export flows may rise this winter as coal generators ramp up to account for constrained gas-fired production in other countries, reversing the country’s shrinking export balance in recent years, market sources said.

placeholder

Årets dyreste strøm mandag: – Det er rekordnivåer for årstiden

30/08/2021 (E24) Strømprisen i Sør-Norge setter ny årsrekord mandag, og er mye høyere enn normalt på denne årstiden. – Ganske uvanlig, sier Sigbjørn Seland i StormGeo.

placeholder

Kullprisen mer enn tredoblet i år: – Vi må komme med støttepakker

30/08/2021 (E24) IEA har advart mot en fossilfyrt innhenting etter pandemien, og FNs generalsekretær har oppfordret alle land til å kvitte seg med «kullavhengigheten». Men produksjonen av klimaverstingen tiltar.

placeholder

U.K. to Import Norway’s Cheap Hydro-Power Along Sub-Sea Cable

18/06/2021 (Bloomberg) First flows of power along North Sea Link start Wednesday. U.K. expected to be importing most of the time from Norway

placeholder

Finnish spot power prices to decline sharply – analyst

11/06/2021 (Montel) The power balance in Finland will improve from the current deficit of 15 TWh, pushing Finnish spot prices closer to the Nordic system price by 2022, StormGeo analyst Sigbjørn Seland said on Thursday.

placeholder

Kan åpne for lønnsom havvind tidligere: Sør-Norge kan få svært dyr strøm

07/06/2021 (E24) Sørnorske kraftpriser kan bli svært høye fremover, tror StormGeo-analytiker. Det kan imidlertid også gjøre havvind lønnsomt tidligere enn ventet.

placeholder

High Norway prices may spur offshore wind boom – analyst

04/06/2021 (Montel) A halt to of onshore wind build, new interconnectors and import restrictions from Sweden could lift local spot power prices in southern Norway making offshore wind investments profitable, an analyst said on Thursday.

placeholder

NORDIC – Front week jumps on delayed spring thaw

26/04/2021 (Montel) The Nordic front-week power contract jumped nearly 4% on Friday amid chilly weather delaying the spring thaw, while the curve traded slightly lower amid sliding German power prices and a lower fuels complex.

placeholder

New cables behind price jump in southern Norway – analysts

15/04/2021 (Montel) The launch of new interconnectors to Germany and the UK helped cause a recent rise in spot prices in southern Norway, analysts told Montel.

placeholder

High costs to hamper green hydrogen deployment in Nordics - analysts

07/04/2021 OSLO, April 6 (Reuters) - Producing hydrogen from renewable energy in the Nordics will not be profitable over the next 20 years but it will still lead to a power demand rise amid the growing electrification of industry, a bi-annual outlook by Norway’s StormGeo Nena Analysis showed.

placeholder

NORDIC – Front falls as hydrological surplus strengthens

07/04/2021 (Montel) Nordic power contracts fell on Tuesday in response to a strengthening hydrological surplus, set to hit its strongest point since January with more wet weather on the way, and also on weak spot prices.

placeholder

NORDIC – Front rises as weather forecasts turn colder

25/03/2021 (Montel) Nordic front power futures were trading higher on Wednesday amid a cooler weather outlook, which could delay snowmelt, increase consumption and support spot prices.

placeholder

UK link to lift Nordic power in Q4 – analysts

22/02/2021 (Montel) Nordic power futures have failed to price in the launch of a 1.4 GW power cable from Norway to the UK in this year’s fourth quarter, analysts told Montel.

placeholder

Cold spell may see Nordic spot exceeding German – analyst

14/01/2021 (Montel) With weather forecasts showing a sustained period of cold, dry weather in the Nordic region, soaring spot power prices are likely to rise further, possibly exceeding those in Germany, an analyst said on Tuesday.

placeholder

– Langvarig kulde kan gi svært høye februar-priser

14/01/2021 (Montel) Det er stor sannsynlighet for kaldt og tørt vær også i februar, noe som kan føre til at vannverdier heves mot tysk topplastnivå for å hindre full eksport, sier analytiker Ivan Føre Svegaarden i Tradewpower. StormGeo-meteorolog Beate Tveita tror også på flere uker med kaldt vær, men er mer usikker på hvor lenge det varer.

placeholder

German gas output boom, coal drop to slow in 2021 – analyst

08/01/2021 (Montel) German gas plants produced the most power in nine years last year while coal and lignite output dropped, a trend that may extend into this year, albeit at a slower pace, analysts told Montel this week.

placeholder

NORDIC – Power prices climb on cold weather outlook

04/01/2021 (Montel) Nordic power prices rose in early Wednesday trading, rebounding from a brief dip late in the previous session, as fresh forecasts called for cold and dry weather in January.

placeholder

NORDIC – Futures follow Germany higher on colder weather

22/12/2020 (Montel) Nordic power futures traded higher on Monday morning in the wake of gains in the German market amid colder weather forecasts.

placeholder

Wind Farm Backlash Grows in Oil-Rich Norway Ahead of Election

15/12/2020 (Bloomberg) Energy Minister Tina Bru targeted by opponents of renewables - Nation needs more clean energy to feed growing power demand.

placeholder

NORDIC – Front month climbs EUR 3 on colder, drier outlook

23/11/2020 (Montel) Nordic power futures rose on Monday morning, with the front month surging more than EUR 3 – or 50% – amid forecasts indicating a shift to colder and drier weather.

placeholder

Solar Power Boom Is Spreading to the Nordic Region

10/11/2020 (Bloomberg) Investors and utilities will add more solar panels than onshore wind in the Nordic region later this decade as prices keep dropping.

placeholder

Nordic spot power set to languish around 20-year lows

03/11/2020 (Montel) Nordic power prices are likely remain at around 20-year lows in November due to full hydropower reservoirs and on expectations of a mild, wet start to the month, said analysts polled by Montel.

placeholder

– Vi vil se flere negative priser fremover

02/11/2020 (Montel) De negative kraftprisene i store deler av Norden mandag morgen skyldes en ekstrem kombinasjon av vind, fulle magasiner og lavt forbruk. Samtidig vil den økte andelen vindkraft gi flere slike episoder fremover, kanskje allerede torsdag, ifølge markedsaktører.

placeholder

StormGeo: Kraftprisene kan bli enda lavere neste år

30/10/2020 (Montel) Det søkkvåte og milde høstværet øker sjansen for at kraftprisene i 2021 vil bli enda lavere enn i lavprisåret 2020, advarer StormGeo-analytiker Sigbjørn Seland.

placeholder

Nordic power prices may hit new lows next year – StormGeo

29/10/2020 (Montel) Nordic power prices could reach new lows next year due to high reservoir levels and rising wind power capacity, said chief analyst Sigbjorn Seland at StormGeo.

placeholder

German power set to slump EUR 6 this month on higher supply

01/10/2020 (Montel) German spot power could drop 13%, or nearly EUR 6, from its September average this month amid higher nuclear availability in France and more wind power output, traders polled by Montel said this week.

placeholder

NORDIC – Front slides on swelling reservoirs

24/09/2020 (Montel) Nordic front power futures traded lower amid a wet, mild and windy weather outlook, which would push Norwegian prices lower due to swelling reservoirs, market participants said.

placeholder

German power set for more price spikes – analysts

21/09/2020 (Montel) German power prices will likely see more spikes due to costly coal plant start-ups and a growing capacity of intermittent wind and solar power, analysts said.

placeholder

High German power prices may herald coal return – analysts

03/09/2020 (Montel) An anticipated rise in German power prices this autumn should encourage the return of some coal-fired capacity, after the country’s coal burn hit a decade low this summer, but headwinds remain, analysts told Montel this week.

placeholder

StormGeo Nena Analysis' fundamental power market model explained

31/08/2020 Continental Spot and Short-term Analysis

placeholder

NORDIC – Curve extends gains on dry weather, buoyant spot

25/08/2020 (Montel) Nordic power futures extended the previous day’s gains on Tuesday amid a combination of forecasts for dry weather, rising spot prices and stronger German power.

placeholder

NORDIC – Front falls EUR 1 on “very bearish” weather outlook

19/06/2020 (Montel) Nordic power contracts near delivery were trading EUR 1.05 lower on Thursday amid significantly wetter and windier weather forecasts.

placeholder

Covid-19 and Energy

25/05/2020 Montel podcast 22 May 2020 - Nordic power prices face weakness post-Covid with Sigbjorn Seland

placeholder

GERMAN – Spot power set for EUR 3 rise next week

21/04/2020 (Montel) German spot power prices looked set to rise around EUR 3, roughly 20%, next week despite a rise in wind and solar power generation but after the Easter holidays had weighed on recent prices.

placeholder

EU coal plant outlook remains bleak over summer – StormGeo

17/04/2020 (Montel) There will be little need for coal-fired generation until the end of the summer amid lower demand due to the Covid-19 pandemic and cheaper generation alternatives, StormGeo said on Thursday.

placeholder

Nordic power use falls 4% on virus impact – analyst

16/04/2020 (Montel) Power consumption in the Nordic region has fallen around 4% amid the coronavirus pandemic, analysts StormGeo said on Thursday.

placeholder

Nordic power to stay below EUR 10 until November – analysts

18/03/2020 (Montel) The surplus in hydropower resources in the Nordic region combined with potentially lower consumption amid the coronavirus pandemic will keep the area's spot prices below EUR 10/MWh for most of the year, analysts said on Tuesday.

placeholder

German power demand may hit 26-year low on virus – analysts

06/03/2020 (Montel) The coronavirus crisis could see power demand in Germany crash to its lowest level since 1994, though the impact on prices was set to be limited, analysts told Montel on Wednesday.

placeholder

– Norske myndigheter må på banen om Nordlinkbegrensing

10/02/2020 (Montel) Norske myndigheter må ta opp de varslede begrensingene på Nordlink-kabelen (1.400 MW) med sine tyske kolleger, mener administrerende direktør Knut Kroepelien i bransjeorganisasjonen Energi Norge.

placeholder

Planlegger å kutte elsertgebyret til 0,04 kroner/MWh

03/02/2020 (Montel) Energimyndigheten og Statnett planlegger å kutte lagergebyret for elsertifikater fra 0,07 til 0,04 kroner/MWh i kvartalet, noe som vil redusere markedsaktørenes kostnader ved å lagre et stadig større overskudd av sertifikater.

placeholder

Analytikere erklærer elsertmarkedet for dødt

28/01/2020 (Montel) Elsertifikatmålet er nådd for lenge siden og markedet vil aldri igjen få et underskudd av sertifikater, noe som viser at det er dødt, fastslår flere analytikere.

placeholder

NORDIC – Curve hits fresh 2-year low on wet, mild outlook

17/01/2020 (Montel) Nordic power contracts continued their fall on Friday, with the Q2 contract hitting a fresh two-year low amid mild and wet weather forecasts.

placeholder

– Nær rekordstort kutt i vannverdiene

10/01/2020 (Montel) Nedgangen i kraftmarkedet skyter ytterligere fart tirsdag. Bevegelsene siden før jul er blant de mest ekstreme man har sett, ifølge Storm Geo-analytiker Sigbjørn Seland.

placeholder

Germany’s net exports slump to 5-year low on weak coal burn

20/12/2019 (Montel) Germany’s net power exports fell 25% in 2019 year on year as higher carbon and cheaper gas prices put the country’s coal-intense power plant fleet at an economic disadvantage, analysts said on Thursday.

placeholder

Fresh Olkiluoto delay “bullish” from Q2 – analysts

19/12/2019 (Montel) Nordic power prices could rise from Q2 onwards since the fresh delay to the start-up of Finland’s 1.6 GW Olkiluoto 3 nuclear reactor will see a lack of test volumes which participants had previously expected, analysts said.

placeholder

2019-2020 Winter Seasonal Forecast Video - Europe

15/11/2019 Hear from StormGeo Forecaster Camilla Albertsen on what the different regions in Europe can expect this winter in terms of temperature and precipitation for December, January and February.

placeholder

We are looking for Sales Managers in Oslo and Hamburg

04/11/2019 We are seeking two energetic energy market analysis and weather services Sales Managers that want to be right in the center of the ongoing energy transition to a low-carbon future. One position is based in Hamburg, Germany, and one in Oslo, Norway. As a key member of the team, you will help further develop and strengthen our position in the Nordics, Germany and Central Western Europe.

placeholder

German price zones would depress Nordic power – analysts

24/10/2019 (Montel) If European energy regulator Acer forces Germany and other countries to split into several power market price zones, it would lead to lower prices for Nordic power, analysts told Montel this week

placeholder

Freight volatility ahead as fuel restrictions loom

17/10/2019 (Montel) Looming restrictions on shipping fuel sulphur content could see some disruptions to vessel availability and higher freight prices early next year, shipping analysts said on Thursday.

placeholder

Dry freight index retreats from 9-year high

11/09/2019 (Montel) The Baltic Dry Index (BDI) has retreated 6% from nine-year highs seen earlier this month amid signs of flagging Chinese iron ore and coal import demand and despite a lingering tightness in vessel availability.

placeholder

Low Dutch prices to limit Nordic exports on cable – analysts

05/09/2019 (Montel) A recent slump in Dutch power prices may limit Nordic exports via the new Cobra interconnector with Denmark, at least in the short term, analysts said this week.

placeholder

Coal prices face lingering pressure in September

30/08/2019 (Montel) Atlantic basin coal prices face further pressure in September, with stocks still high and demand muted, yet potential output reductions may limit losses.

placeholder

Gas to remain dominant in German power mix – analysts

19/08/2019 (Montel) Natural gas will continue to dominate Germany’s thermal power mix as coal-fired generation struggles to be profitable, analysts told Montel this week

placeholder

Downside risk remains for coal in July amid oversupply

28/06/2019 (Montel) The oversupplied Atlantic basin coal market will remain under pressure in July, guided also by weather and gas market developments, with “downside risks” remaining although supplier output curbs may provide some support.

placeholder

El Nino risk abates for 2019 – forecaster

26/06/2019 (Montel) The likelihood of an El Nino weather pattern emerging this year has abated, according to Australia’s Bureau of Meteorology, in a forecast that potentially alters expectations of a mild northeast Asian summer.

placeholder

NORDIC – Spot to drop as midsummer holiday curbs demand

20/06/2019 (Montel) Nordic spot power prices for Friday should drop by around EUR 2 as midsummer holidays in Sweden and Finland will reduce demand, analysts said.

placeholder

END OF DAY – Prompt coal hits 3-year low

17/06/2019 (Montel) European prompt coal prices hit fresh three-year lows on Friday, as slack demand and a weaker energy complex weighed heavily on the market.

placeholder

Nordic spot power to continue down in June

03/06/2019 (Montel) Nordic spot power prices will likely average below EUR 35/MWh in June, as a wet May and flagging fuel prices have dampened price expectations by EUR 5-7 in recent weeks, according to analysts.

placeholder

European coal remains under pressure amid oversupply

30/04/2019 (Montel) European coal prices may be nearing a floor, after sliding sharply in the first four months of the year, but oversupply and lacklustre demand will prevent any significant rebound, participants said on Monday.

placeholder

Nordic spot power eyes 8% drop in April on lower demand

02/04/2019 (Montel) Nordic power spot prices looked set to fall 8% this month – to their lowest since May last year – as the Easter holiday and warming temperatures will curb demand amid some increased hydropower inflows from snowmelt, said analysts.

placeholder

Slumping coal set to sink further in April on waning demand

01/04/2019 (Montel) European coal prices face further losses this month, as declining demand, more favourable gas-fired generation margins and strong supply keep pressure on the market.

placeholder

ELCERT – Aktörer ser ”början på slutet” efter prisfall

19/03/2019 (Montel) De kraftiga prisfallen i elcertifikatmarknaden har fortsatt under tisdagen och aktörer börjar nu förbereda sig för en priskollaps.

placeholder

NORDIC – Curve firms on drier weather forecasts

15/03/2019 (Montel) Nordic power contracts traded higher on Friday amid drier weather forecasts and a slightly stronger carbon price.

placeholder

NORDIC – Prices hit 3-month low as mild spell persists

14/02/2019 (Montel) Curve contracts continued their rapid decline of the last few days on Wednesday hitting three-month lows amid mild, wet weather forecasts and softer carbon.

placeholder

Atlantic-Pacific coal price spread widens to USD 20

13/02/2019 (Montel) European front-quarter coal prices have weakened to around their widest discount to the equivalent Pacific-basin Newcastle contract in years, in part driven by slack Atlantic-basin demand.

placeholder

NORDIC – Prices continue fall as “winter is over” 

12/02/2019 (Montel) Futures contracts followed their sharp falls in the prior session with more losses on Tuesday as weather forecasts indicated the winter was “definitely over”.

placeholder

StormGeo hires 2 analysts for German, Nordic markets

11/02/2019 (Montel) StormGeo has hired Vegard Svarstad and Simen Valåmo as Nordic and German power analysts in a move aimed at strengthening Nena Analysis team, it told Montel.

placeholder

German-Nordic spread soars on wind power growth – analyst

18/01/2019 (Montel) Long-dated German power prices are trading at a huge near EUR 20 premium to their Nordic counterparts due to massive wind power growth expected in the latter region by 2024, said StormGeo analyst Sigbjørn Seland.

placeholder

2019 Winter Seasonal Forecast for Europe

11/01/2019 StormGeo senior meteorologist Frode Korneliussen has developed a new method that has hit a bullseye in previous years’ forecasts. Check out the 2019 Winter Seasonal Forecast for Europe.

placeholder

COAL OUTLOOK – Front quarter may extend 9-month lows

08/01/2019 (Montel) European coal front-quarter prices may extend current nine-month lows this week, with limited generation demand and ample supply weighing heavily on the market, participants said on Monday.

placeholder

Elcert prices sink as Swedish supply set to surge

19/12/2018 (Montel) Nordic Elcert prices plunged 15% on Tuesday after a Swedish proposal to support new plants until 2030 stoked fresh concerns about an oversupply of certificates.

placeholder

MONTHLY – Coal may rise up to 4% as Germany restocks

03/12/2018 (Montel) European front-year coal prices may jump 3-4% this month from current levels amid bullish technical signals and the prospect of German stockpile replenishment as river levels rise but weak Asian demand could limit gains.

placeholder

NORDIC – Tuesday’s spot to surge on cold, low wind

26/11/2018 (Montel) Tuesday’s system price is set to surge on higher demand due to cold weather, low wind power output and high continental prices.

placeholder

Six-month low freight offers new coal trade opportunities

15/11/2018 (Montel) The global dry freight index has fallen to a six-month low, prompting coal sellers and buyers to seek less common, longer-haul trade routes.

placeholder

MONTHLY – Coal set to rise on spot shortfall

01/11/2018 (Montel) European coal prices may rise in November amid a dearth of higher quality material and the prospect of a seasonal upturn in demand but a prevailing preference for cheap, lower-grade coal could cap gains.

placeholder

EU generators benefit as Asia rebuffs coal – analysts

31/10/2018 (Montel) A crackdown on pollution in Asia has resulted in an overhang of cheap, lower-quality coal, which is finding a home in Europe, where “more flexible” generators can take advantage of the glut, analysts said on Tuesday.

placeholder

Nordic Elcerts could plunge to EUR 5 in 6 months – analyst

29/10/2018 (Montel) The price of Nordic Elcerts could plunge from close to SEK 200 (EUR 19) to SEK 50 (EUR 5) within the next six months due to several new projects in the pipeline, StormGeo analyst Sigbjørn Seland said on Thursday.

placeholder

OED står fast på 2021 som elsertfrist for norske anlegg

17/10/2018 (Montel) Uavhengig av hva Sverige bestemmer seg for om en mulig stoppregel i elsertifikatmarkedet, vil norske anlegg som kommer i drift før utgangen av 2021 få elsertifikater, fastslår OED overfor Montel.

placeholder

Coal terminal stocks at 17-month high on barge disruptions

09/10/2018 (Montel) Combined coal inventories at northwest European dry bulk terminals have risen to 17-month highs, as low river levels continued to hinder barge shipments to inland destinations.

placeholder

COAL OUTLOOK – Market faces temporary losses

08/10/2018 (Montel) European coal prices may weaken in the coming days amid softer generation demand, but a preference for pre-winter restocking requirements will limit losses, participants said on Monday.

placeholder

Nordic power could drop EUR 5 on Hydro closures – analyst

03/10/2018 (Montel) Nordic power prices could fall by up to EUR 5/MWh if Norwegian aluminium producer Norsk Hydro closes down all its output in Norway, analysts StormGeo said on Wednesday.

placeholder

StormGeo: Full Hydro-stans kan senke kraftprisen 4-5 euro

03/10/2018 (Montel) Skulle det bli full stans i Hydros norske aluminiumsverk på grunn av råvaremangel, vil det kunne senke nordiske kraftpriser med 4-5 EUR/MWh, ifølge senioranalytiker Sigbjørn Seland i StormGeo.

placeholder

ASIA-PACIFIC COAL – Prices soften as China demand wanes

01/10/2018 (Montel) Pacific basin coal prices have softened over the past week with Chinese buyers poised to exit the market for a week-long holiday, although Indian demand for lower-grade material remained, participants said on Thursday.

placeholder

We are looking for an energy market analyst to join the energy analyst team in Oslo

24/09/2018 As our business expands, we are adding to our analysis team within power/energy markets — a growing segment of the company. The analyses currently include Nordic and European Power, el certificates, emission, freight and fuel markets.

placeholder

Capesize dry vessel rates slide to 9-week low

12/09/2018 (Montel) Capesize vessel rates have plunged more than 30% over the past month to a nine-week low, as Chinese steel-production curbs reduced iron ore import requirements, participants said on Monday.

placeholder

Coal Nears $100 in Europe as China's Power Demand Draws in Fuel

11/09/2018 (Bloomberg) Coal prices in Europe are on track to surpass $100 a ton, the highest since 2013 as China’s demand for electricity draws in more cargoes of the dirtiest fossil fuel.

placeholder

Ökad biokraftproduktion kan dämpa elcertpriserna i vinter

31/08/2018 (Montel) En bättre intäktskalkyl för biokraft kan leda till mer produktion i vinter, som i sin tur och kan dämpa priserna på elcertifikat som rusar. Men oavsett prisnivå väntas värmeunderlaget i huvudsak avgöra utbudet, säger marknadsaktörer till Montel.

placeholder

Higher coal prices needed to spur supply growth – analyst

23/08/2018 (Montel) European coal prices will weaken over the next two years amid ample supply but must recover to the USD 80-100/t range in the ensuing period to further stimulate supply growth, an analyst said on Thursday.

placeholder

COAL OUTLOOK – Front month to remain supported

21/08/2018 (Montel) European prompt coal prices may extend one-month highs this week amid lingering restocking and generation demand in both Europe and the Pacific basin, participants said on Monday.

placeholder

END OF DAY – Q4 coal breaches USD 100/t 

13/07/2018 (Montel) Europe’s front-quarter coal contract breached USD 100/t on Wednesday to hit a fresh six-year high, despite a sell-off among other commodities on fears of an escalating trade war between the world’s two largest economies.

placeholder

END OF DAY – CO2 hits 3-week high

06/07/2018 (Montel) European carbon prices hit a three-week high on Thursday as traders brought forward some purchases to account for lower auction supply next month, while French nuclear outages prompted more bullishness due to increasing thermal generation.

placeholder

MONTHLY – Nordic spot set for 12-year high amid dry weather

03/07/2018 (Montel) Nordic spot power prices are set to average a 12-year high in July after weeks of dry and warm weather have drained hydropower resources.

placeholder

NORDIC – Front month hits record high on dry outlook

29/06/2018 (Montel) The front month hit a contract high on Friday with futures rising for a fourth consecutive day as the dry, hot weather outlook persisted.

placeholder

Growth in Renewable Energy Will Shift Europe Towards an Almost Complete De-carbonization Before 2045

29/06/2018 (StormGeo) We spoke with our Chief Analyst for Nordic Power, Sigbjørn Seland, for his insight into the future of the Nordic power market, including how growing investments into renewables are having an industry-changing effect.

placeholder

ASIA-PACIFIC COAL – Prices stall as China demand softens

28/06/2018 (Montel) Asia-Pacific coal price gains have stalled amid signs of flagging Chinese and Indian demand, participants said on Thursday.

placeholder

COAL OUTLOOK – European prices eye further gains

27/06/2018 (Montel) European coal prices are likely to rise further this week on the back of a still strong Asia-Pacific market and supportive technical signals, participants said on Monday.

placeholder

END OF DAY – Coal surges on supply threats, Asia demand 

13/06/2018 (Montel) Coal prices surged to fresh highs on Tuesday as a potential strike in South Africa threatened to disrupt Atlantic supply and a heatwave in Asia boosted local demand.

placeholder

NORDIC – Front hits new high as hot, dry spell persists

01/06/2018 (Montel) Futures extended contract highs on Thursday as the weather was set to remain hot and dry for the foreseeable future.

placeholder

MONTHLY – Coal to gain on persisting demand, tight supply

01/06/2018 (Montel) Developments in the Asia-Pacific region will continue to provide direction for the Atlantic coal market this month, with expectations of persisting demand and some supply tightness likely to underpin prices, participants said on Friday.

placeholder

StormGeo: 25% risk för knapphet av elcertifikat

19/04/2018 (Montel) Det är 25 procents sannolikhet för att det ska uppstå en knapphet av elcertifikat under Q1 2020, innan nya projekt ger en våldsam ökning av överskottet under resterande del av 2020-talet, sa Sigbjørn Seland, analytiker på StormGeo under sitt föredrag på Nordiske Prisdrivere i Oslo på torsdagen.

placeholder

END OF DAY – Coal extends 2-month highs

17/04/2018 (Montel) European coal prices jumped across the curve on Monday and extended last Friday’s two-month highs amid supportive technical signals, restocking demand, potential supply disruptions and geopolitical risks in the Middle East lifting sentiment.

placeholder

Analytiker ser fortsatt stor rabatt i 2020-kontraktet

11/04/2018 (Montel) Trots vårens uppgång handlas det nordiska 2020-kontraktet, klart lägre än vad elpriset förväntas levereras till under året, uppger flera marknadsaktörer till Montel.

placeholder

MONTHLY – Coal faces “mixed drivers” in April

05/04/2018 (Montel) European coal prices face “mixed drivers” this month, with ample regional supply and the bearish influence of lower Chinese imports potentially offset by near-term weather-related disruptions in Australia and supportive technical indicators.

placeholder

END OF DAY – Coal rises on cold snap, restocking

14/03/2018 (Montel) European coal prices rose on Tuesday on expectations of increased coal burn during a cold snap next week, with restocking activity adding further bullish influence.

placeholder

Baltic Dry Index rises to five-week high

07/03/2018 (Montel) The Baltic Dry Index (BDI) has risen by 12% over the past month to around a five-week high as Asian coal demand, port congestion and strong grain exports underpin panamax vessel rates, participants said on Tuesday.

placeholder

MONTHLY – Coal faces further losses as Pacific demand wanes

28/02/2018 (Montel) Atlantic basin coal prices will likely take the lead from China and the wider Asia-Pacific market in March, with a relative abundance of supply expected to pressure prices, participants said on Wednesday.

placeholder

END OF DAY – European coal prices sink to 6-month lows

09/02/2018 (Montel) European coal fell on Thursday to as much as six-month lows on easing supply concerns as fears of a Colombian miners’ strike waned, mild weather and the knock-on effect of lower Asia-Pacific prices ahead of Chinese New Year.

placeholder

MONTHLY – Weakening demand may pressure coal

01/02/2018 (Montel) European coal prices may weaken further in February amid waning Atlantic demand and stiff competition from renewables and gas, but the wildcards of a possible coal-sector strike in Colombia and a supportive Asia-Pacific market remain, participants said on Thursday.

placeholder

Front quarter coal prices slump to 10-week lows

31/01/2018 (Montel) The API 2 front-quarter contract has slumped 4.5% so far this week to its lowest level for more than two months, as participants take profit from recent highs and Pacific basin supply concerns diminish.

placeholder

COAL OUTLOOK – Cal 18 faces near-term support

20/12/2017 (Montel) European coal prices are likely to gain further ground in the near-term, amid strong Asia-Pacific demand and supportive technical signals, yet the prospect of increased Chinese production could limit gains, participants said on Monday.

placeholder

– Kullprisen vil forbli relevant for kraftmarkedet

08/12/2017 (Montel) Til tross for at andelen kullkraftproduksjon gradvis reduseres i Europa, vil kull fortsatt være en viktig prisdriver i kraftmarkedet på grunn av tett konkurranse med bruken av gass, ifølge StormGeo-analytiker Hans Gunnar Nåvik.

placeholder

Nena varsler betydelig prisfall i elsertmarkedet

28/11/2017 (Montel) Stadig nye investeringsbeslutninger i fornybar energi vil gi et rekordstort overskudd på 30 millioner sertifikater i 2023 og senke spotprisen til under 50 SEK/MWh i god tid før da, ifølge Nena.

placeholder

COAL OUTLOOK – Rising demand set to buoy prices

28/11/2017 (Montel) European coal prices may gather some further strength this week, as an anticipated rise in seasonal demand, in both the Atlantic and Pacific basins, offsets so far lethargic physical trading activity, participants said on Monday.

placeholder

COAL – Cal 18 gains as China demand set to rise 

24/11/2017 (Montel) European and Asia-Pacific coal prices for 2018 rose on Friday amid expectations of a step-up in demand from key consumer China.

placeholder

ASIA-PACIFIC COAL – Newcastle index falls on weaker demand

09/11/2017 (Montel) Asia-Pacific benchmark Newcastle coal prices have softened over the past week, amid signs of more sluggish demand, although threats to production in several key producing counties limited losses, participants said on Thursday.

placeholder

Nordic system price to stay below EUR 30 until 2021 – Nena

08/11/2017 (Montel) The Nordic system price will average below EUR 30/MWh for the next three years amid a large surplus of power, Oslo-based analysts Nena said in a fresh forecast on Wednesday.

placeholder

END OF DAY – Coal falls as market shrugs off strike concerns

08/11/2017 (Montel) European coal contracts fell in late Tuesday trading amid weak regional demand, with traders shrugging off concerns that South Africa’s mining sector could experience widespread strike action from Wednesday.

placeholder

AVAILABLE NOW: Electricity Certificates Outlook 2018 - 2045, Fall 2017

25/10/2017 (Nena) Far too many projects than the market can room are pending investment decision. Already, more than 31 TWh is part of the goal. Which projects have really made final investment decision, and which are around the corner? We provide a complete up-to-date status on the goal

placeholder

COAL OUTLOOK – Cal 18 to retreat further from recent highs

23/10/2017 (Montel) European front year coal prices should continue to retreat from recent four-year highs as forecasts of wind and mild weather in Europe depress coal burn, participants said on Monday.

placeholder

AVAILABLE NOW: Nordic Power Outlook 2018 - 2045, Fall 2017

19/10/2017 Nordic Power Outlook fall 2017 is available now. Get the latest update on our view for the Nordic countries until 2045.

placeholder

COAL – API 2 prices jump 5% to 3-week highs

13/10/2017 (Montel) European paper coal prices rose more than 5% over the past week to three-week highs, despite a sluggish physical market, amid lingering concerns about Australian supply disruptions, participants said on Friday.

placeholder

COAL – API 2 rises on power jitters, tight Asian market

06/10/2017 (Montel) European coal prices rose this week due to aggressive utility bidding activity amid French power market jitters and supportive signals from the Pacific basin.

placeholder

ASIA-PACIFIC COAL – Newcastle index rises to 2-week high

05/10/2017 (Montel) The Asia-Pacific benchmark Newcastle index has risen to its highest level in more than a fortnight amid ongoing threats to near-term supply and despite relatively weak demand from China, participants said on Thursday.

placeholder

MONTHLY – Coal faces pressure from dwindling demand

03/10/2017 (Montel) European coal prices are set to retreat this month as an abundance of supply is met with waning Chinese import demand and flagging trading activity in the Atlantic basin, participants said on Monday.

placeholder

MONTHLY – Nordic power set for 13% plunge in damp October

02/10/2017 (Montel) Nordic spot power prices are set to fall 13% month on month in October as wetter than normal weather forecasts dominate what is on average the wettest month of the year in hydropower-rich Norway.

placeholder

NORDIC – Q4 slides to 5-week low as wet outlook intensifies

29/09/2017 (Montel) Nordic power futures slipped in Friday trading as forecasts pointed to above-normal precipitation and amid weakness in fuel prices.

placeholder

Nordic Power Outlook 2018-2045 - Available from October 19

21/09/2017 The long term report on Nordic power for 2018 to 2045 can be pre-ordered now. Key features and content is ready here...

placeholder

China coal output in August drops to 10-month low

19/09/2017 (Montel) Chinese coal production dropped to a 10-month low of 9.4m tonnes/day in August, amid government inspections to improve safety and efficiency at mines and adverse weather conditions, National Bureau of Statistics data showed on Monday.

placeholder

COAL OUTLOOK – Strikes, Asia demand support prices

18/09/2017 (Montel) European coal prices are likely to derive support from an ongoing miners’ strike in South African and bullish Asia-Pacific prices, yet regional demand remains largely muted, participants said on Monday.

placeholder

NORDIC – Front end dips on wet weather outlook

05/09/2017 (Montel) Nordic power front forwards dipped early on Tuesday amid a wet weather outlook, while the long end of the curve rose on the back of a buoyant fuel complex.

placeholder

MONTHLY – Coal prices may slip on high stocks, low demand

01/09/2017 (Montel) European coal prices may slip this month, after reaching multi-year highs in August, on high stocks and muted demand, yet support is likely to persist from the Pacific basin and technical indicators, participants said on Friday.

placeholder

Swedish wind farm (650 MW) to curb Elcert prices – analysts

31/08/2017 (Montel) A European Commission approval this week of US-based General Electric and Australian investment bank Macquarie’s acquisition of a planned 650 MW wind farm project in northern Sweden will further dampen Elcert prices, analysts told Montel on Thursday.

placeholder

Nena: Elsertprisene vil fortsette å falle på stort overskudd

24/08/2017 (Montel) Ytterligere investeringsbeslutninger i nye vindkraftprosjekter kan føre til at sertifikatoverskuddet øker til hele 30 millioner sertifikater rundt 2025, noe som kan presse prisene i kjelleren, sier Nena-analytiker Joachim Jernæs.

placeholder

COAL – API 2 rally set to peter out

04/08/2017 (Montel) A rally in European coal prices that has taken the front-year contract to nine-month highs shows signs of petering out amid an expected decline in European coal burn.

placeholder

ASIA-PACIFIC COAL – China’s hydropower curbs spur demand

05/07/2017 (Montel) Asia-Pacific coal prices – particularly in China – remained supported this week as a shortfall in Chinese hydropower generation and Indian restocking spurred coal demand, participants said on Wednesday.

placeholder

COAL OUTLOOK – Prices to extend gains amid buoyant euro

04/07/2017 (Montel) European coal prices may gain some further ground this week amid a buoyant euro versus the dollar and uncertainty regarding South African supply, participants said on Monday.

placeholder

MONTHLY – Coal may retest 8-month high

03/07/2017 (Montel) European coal prices will take direction from weather-related developments over the coming month and could retest eight-month highs hit last week, although the current supply demand outlook appears relatively balanced, participants said on Monday.

placeholder

ELSERT – Kontrakten for 2021 stuper nær 10%

03/07/2017 (Montel) De lange kontraktene i elsertifikatmarkedet faller markant fredag ettermiddag etter at Vasa Vind og APG tidligere på dagen annonserte byggingen av Åskälen vindpark (288 MW). Fronten stiger derimot litt.

placeholder

Market shrugs off low German nuclear availability in July

28/06/2017 (Montel) Healthy hydropower and wind output should offset a 4 GW drop in German nuclear availability in July, although days with little wind and hot weather provided upside risk, market observers said on Tuesday.

placeholder

Nena: – Ikke bygg mer i elsertmarkedet før 2024

02/06/2017 (Montel) Det bør ikke foretas nye investeringer i elsertifikatmarkedet før i 2024, sier Nena-analytiker Sigbjørn Seland, som ser en fortsatt risiko for lave elsertpriser, selv om overskuddet vil krympe til 4,5 millioner sertifikater i 2020.

placeholder

MONTHLY – Front-year coal may surpass USD 70/t

02/06/2017 (Montel) Front-year European coal prices may continue to rise, above USD 70/t, in June as a possible tightening of supply and technical signals trigger some gains but the market is currently well supplied, market participants told Montel.

placeholder

END OF DAY – Coal edges higher amid thin trading

30/05/2017 (Montel) European coal prices climbed back above their average range of the past 200 days on Monday amid lacklustre trading activity in fuel markets due to a public holiday in the UK.

placeholder

Open position: Sales Manager - Power markets

30/05/2017 We are looking for an energetic Sales Manager in Germany, mainly to focus on our services for power markets, including Nena Analysis...

placeholder

GERMAN – Cal 18 retreats from 1-month high

23/05/2017 (Montel) Germany’s benchmark power contract pulled back from its highest level in a month on Tuesday, though it remained above a psychologically important support marker of EUR 30/MWh.

placeholder

NORDIC – Spot set to dive on soaring inflow

16/05/2017 (Montel) A rapid increase in inflow due to rising temperatures and forecast rain could put massive pressure on the system price, market participants said, with contracts dropping in value across the board on Tuesday.

placeholder

Coldest Night in 70 Years Causes Spring Pinch for Nordic Power

11/05/2017 (Bloomberg) Nordic power prices soared as cold weather delayed the seasonal melting of snow into water needed to generate electricity.

placeholder

COAL – Bearish Asian market pressures API 2 prices

05/05/2017 (Montel) European paper coal prices continued to take direction from a bearish Asia-Pacific market, despite low hydropower levels offering support to physical prices, participants said on Thursday.

placeholder

MONTHLY – Asia-Pacific may spur European coal prices

02/05/2017 (Montel) European coal prices will continue to take the cue from the Asia-Pacific market over the coming month, although strong supply and waning demand in the Atlantic Basin will likely offset further price gains, participants said on Tuesday.

placeholder

German coal plants should run "full speed" in Q4 – analyst

27/04/2017 (Montel) Current market signals suggest that coal-fired power plants in Germany should run at "full speed" in the fourth quarter, said analyst Diana Bacila at Nena on Wednesday.

placeholder

Nordic power will not exceed EUR 30 before 2028 – Nena

25/04/2017 (Montel) Nordic power prices are unlikely to exceed EUR 30/MWh over the next decade as growing domestic power production would more than compensate for increased demand, Sigbjørn Seland, chief analyst at Nena, told Montel on Tuesday.

placeholder

COAL – Front-year API 2 rises to 2-week high

21/04/2017 (Montel) Front-year European paper coal prices rose to a two-week high on Thursday as cold weather looked set to lift demand from the power sector and amid a rise in Asian contracts.

placeholder

Nena: Elsertavtalen kan gi prisskvis rundt 2020

19/04/2017 (Montel) Den nye elsertavtalen mellom Sverige og Norge kan føre til at det blir en stram balanse i elsertifikatmarkedet rundt 2020, noe som igjen kan gi høye elsertpriser, sier Nena-analytiker Joachim Jernæs.

placeholder

Electricity Certificates Outlook 2017-2045 Available Now

06/04/2017 (Nena) Elcert prices have plunged to all-time lows. Is this temporary, or will prices stay low for a long time? Get an offer for the report.

placeholder

NORDIC – Front weeks “may jump EUR 5” on supply squeeze

06/04/2017 (Montel) Front week contracts rose amid colder weather forecasts on Thursday, with one analyst saying they could jump as much as EUR 5 as hydropower reservoirs were running low ahead of the pending spring thaw.

placeholder

Rising Danish-German exports bullish for Nordics – analysts

04/04/2017 (Montel) German TSO Tennet has significantly increased power imports from Denmark in recent weeks, sending a bullish signal to the Nordic power market, said analysts on Monday.

placeholder

COAL OUTLOOK – Australia disruptions to lift API

04/04/2017 (Montel) European coal prices are set to extend recent bullishness this week as persisting weather-related disruptions to Australian output offset muted demand in Europe, participants said on Monday.

placeholder

GERMAN – Front week jumps EUR 2 on lower wind, nuclear issue

30/03/2017 (Montel) The front-week contract jumped EUR 2 on Thursday as weather forecasts suggested lower wind in the near term and on a delayed restart to the Philippsburg reactor.

placeholder

Nordic Power Outlook 2017-2045 Available Now

28/03/2017 The Nordic Power Outlook 2017-2045, Spring 2017 edition is now available.

placeholder

GERMAN – Cal 18 extends gains as coal market firms

24/03/2017 (Montel) Germany’s benchmark power Cal 18 contract extended the previous day’s gains on Friday amid a buoyant coal market.

placeholder

NORDIC – Futures edge up amid drier outlook, buoyant coal

14/03/2017 (Montel) Nordic power futures edged up early on Tuesday, taking a cue from a slightly drier weather outlook coupled with stronger coal and German power prices.

placeholder

END OF DAY – Coal falls 2% after China drops output curbs

09/03/2017 (Montel) Front-year coal prices for delivery to north-western Europe collapsed on Wednesday to their lowest level in nearly six weeks after media reports Chinese officials could back away from a return to production curbs.

placeholder

COAL – Prices slide 5% on lower generation, healthy supply

02/03/2017 (Montel) Near-term paper and physical coal prices slid 5% over the past week as lower European coal-fired generation levels, abundant supply and low liquidity pressured the market, participants said on Thursday.

placeholder

NORDIC ELCERT – Prices slump to new low of EUR 5.48/MWh

10/02/2017 (Montel) Nordic Elcert prices for 2019 crashed to a new record low of SEK 52/MWh (EUR 5.48/MWh) on Friday, further eroding profits for producers in a market oversupplied with new renewables.

placeholder

Sweden Sees Red Over Google and Ikea’s Green Goals

09/02/2017 (Bloomberg) Renewables surge is crashing renewable-certificates market. Wind development means 2020 renewables target met before plan.

placeholder

NORDIC – Front week plunges 5% on wet, mild outlook

09/02/2017 (Montel) Nordic power futures dropped early on Wednesday amid slumping coal prices and some weather forecasts indicating wetter and milder conditions approaching the region than previously expected.

placeholder

MONTHLY – Restocking activity to underpin coal prices

01/02/2017 (Montel) European coal prices could continue to gather support over the coming month, as post-winter restocking activity kicks in, market participants said on Tuesday.

placeholder

Utenlandske penger gir nordisk strømboom

30/01/2017 (E24) Nordens produksjon av sol- og vindkraft vil mer enn dobles innen 2040, tror analyseselskapet Nena. Én årsak er utenlandsk kapital på jakt etter avkastning.

placeholder

COAL – Coal slides on milder weather, weak physical demand

27/01/2017 (Montel) European coal prices have fallen from the 11-week highs hit earlier this week as milder weather combined with waning physical spot demand in the Atlantic basin, players said on Thursday.

placeholder

Nena: Utbyggerne må dra i bremsen nå

20/01/2017 (Montel) Elsertprisene kan falle til 40-70 SEK/MWh hvis det blir bygget 2 TWh mer elsertifikatberettiget kraftproduksjon enn målet på 28,4 TWh, ifølge Nena-analytiker Joachim Jernæs.

placeholder

Nordic spot power to stay below EUR 30 until 2020 – Nena

20/01/2017 (Montel) Nordic power spot prices will likely average below EUR 30/MWh for the remainder of the decade, with a risk of lower prices keeping producers' earnings under pressure, the head of analysis firm Nena Storm Geo said on Thursday.

placeholder

COAL – API 2 jumps to two-month high on cold snap

13/01/2017 (Montel) European coal prices jumped to fresh two-month highs on Thursday as a cold snap that has hit central and eastern Europe looked set to spread across north-west parts of the continent, lifting demand.

placeholder

MARKED – Oppgang på kaldt og tørt vær, sterk spot

12/01/2017 (Montel) Prisene i det nordiske kraftmarkedet steg torsdag som følge av kalde og tørre værvarsler, fortsatt stigende brenselspriser og en sterkere enn ventet systempris.

placeholder

MONTHLY – Mild weather dampens Nordic spot spike concerns

03/01/2017 (Montel) Nordic spot price expectations for this month have dived by EUR 6-7 over the last few days due to a sudden change to milder weather forecasts.

placeholder

Coal Traders See End of Price Rally as China Ramps Up Output

30/12/2016 (Bloomberg) Coal’s recovery was one of the biggest surprises in commodities this year, but it’s all poised to end as output rises from China, producer of half the world’s supply.

placeholder

COAL – Mixed drivers shackle API 2

02/12/2016 (Montel) European coal prices have flat-lined as a weaker physical market and profit taking offset likely strong demand in both Europe and Asia, with mixed drivers continuing to confuse the outlook, players said on Thursday.

placeholder

MARKED – Laveste Q1-pris på seks uker

22/11/2016 (Montel) Kraftprisene falt markant over hele linjen mandag, drevet av våte tidagersvarsler og sterkt fallende kraftpriser på kontinentet.

placeholder

– Markedet priser inn norsk-svensk elsertforlengelse

21/11/2016 (Montel) Det felles målet om å bygge ut 28,4 TWh i elsertmarkedet er i full fart med å bli nådd, men prisene kollapser ikke fordi markedet priser inn at Norge og Sverige blir enige om 18 TWh-forlengelsen, sier analytikere.

placeholder

COAL – API 2 slumps to five-week low

18/11/2016 (Montel) European paper coal prices slumped to five-week lows on Thursday amid persisting signs of easing tightness in the Asia-Pacific region, although analysts were split as to whether the plunge would continue.

placeholder

Skal vokse videre på kunstig intelligens

18/11/2016 (E24) StormGeo lyktes med å omstille seg da oljeprisen gjorde offshoremarkedet mindre. Nå skal kunstig intelligens sørge for at selskapet fortsetter oppturen.

placeholder

COAL OUTLOOK – API 2 prices face further downside

14/11/2016 (Montel) European paper coal prices were set to come under further pressure this week amid increased supply in the Atlantic, weaker generation demand and falling Asian prices, market participants said on Monday.

placeholder

COAL OUTLOOK – Seasonal restocking to support prices

31/10/2016 (Montel) Tight global supply, coupled with ongoing pre-winter restocking activity, is likely to support prices this week, although there is some risk of a correction, market participants said on Monday.

placeholder

NORDIC – Soaring Q1 “may hit EUR 50 in two weeks”

27/10/2016 (Montel) Forwards continued to rise on Wednesday amid dry and cold forecasts, which compounded concerns over the hydrological deficit, with one analyst predicting the front quarter could surge to “EUR 50/MWh in the next two weeks”.

placeholder

AVAILABLE NOW: Nordic Power Outlook 2017 - 2040, Fall 2016

19/10/2016 (Nena) Nena's long term analysis on Nordic power with focus on renewable investments, export limitations from Nordic to Germany, increasing consumption, phase out of thermal capacity and updated view on coal and gas. Will be presented in Oslo November 2.

placeholder

Nena venter små prisutslag etter dagens elsertrapport

18/10/2016 (Montel) Nena-analytiker Joachim Jernæs tror ikke dagens forslag fra Energimyndigheten i Sverige vil gi store prisutslag i elsertmarkedet.

placeholder

COAL OUTLOOK – API 2 to rise on low river levels, China

18/10/2016 (Montel) European coal prices started the week in bullish mood on Monday, with further gains anticipated over the coming days, amid low river levels in Germany and rising demand in China.

placeholder

COAL – Tight Atlantic basin, Asia demand to lift API 2

14/10/2016 (Montel) European coal prices declined from recent near two-year high this week, although tightness in the Atlantic Basin and strong Asian demand should help to pare recent losses, participants said on Thursday.

placeholder

MONTHLY – Nordic spot to jump 13% on dry weather, coal

03/10/2016 (Montel) Nordic spot prices are set for a 13% month-on-month rise in October, buoyed by dry, cold weather, as well as surging coal and carbon prices.

placeholder

More German Coal Plants Face Early Retirement as Profit Dwindles

30/09/2016 (Bloomberg) German coal-fired power plant closures are poised to accelerate as dwindling margins prompt utilities to retire the stations early.

placeholder

MARKED – Falt tilbake på gevinstsikring

30/09/2016 (Montel) Etter en svært frisk prisoppgang torsdag morgen, falt de lange kraftkontraktene tilbake på ettermiddagen som følge av gevinstsikring.

placeholder

COAL – API 2 lifts on demand rise, surging coking market

16/09/2016 (Montel) A slight pick-up in European demand and surging coking prices helped lift thermal coal prices this week, though a loosening of Chinese production cuts could start to pressure contracts, said market participants on Thursday.

placeholder

Coal Rises From Grave to Become One of Hottest Commodities

09/09/2016 (Bloomberg) For all the predictions about the death of coal, it’s now one of the hottest commodities in the world. The resurrection may have further to run.

placeholder

Dry freight index rises to 11-month high

08/09/2016 (Montel) The Baltic Dry Index (BDI) – which tracks global dry freight rates – rose 22% over the past month to a near 11-month high, amid surging Chinese iron ore demand, analysts said on Thursday.

placeholder

Outage to cost Norway utilities up to EUR 78m – analyst

07/09/2016 (Montel) Power producers in Norway may lose as much as EUR 78m due to a reduction in transmission capacity out of the country between June and October, analysts said on Wednesday.

placeholder

NORDIC – Forwards slump on wet, warm outlook

05/09/2016 (Montel) Nordic forward power prices slid in early Monday trading as fresh weather forecasts showed wetter and milder conditions than previous outlooks.

placeholder

COAL – API 2 falls to two-month lows

26/08/2016 (Montel) Cooling temperatures in China and a receding risk of La Nina weather pattern this winter have sent front-year paper coal prices to around two-month lows this week, participants said on Thursday.

placeholder

Diverging fuels complex may stabilise French power in Q4

24/08/2016 (ICIS) The fossil fuels complex could pull near-curve prices at the French electricity market in opposing directions over coming weeks, as the outlook for coal remains bearish while there is potential for upside on gas according to one analyst.

placeholder

Billig strøm i årevis

22/08/2016 (rbnett.no) Husholdningene og industrien i Norge opplever de laveste kraftprisene på 15 år. – Vi venter lave, stabile kraftpriser minst til 2020, sier salgsdirektør Arve Dahl Nielsen i analyseselskapet Nena.

placeholder

COAL – Tight Asian market, weak gas to buffet API 2

19/08/2016 (Montel) A tightening Asian market continued to support European coal contracts this week, though analysts said on Thursday a gas price slump could wipe out a sizeable chunk of power sector demand, potentially stemming recent API 2 bullishness.

placeholder

StormGeo acquires Nena

09/08/2016 Bergen, Norway – StormGeo, a global provider of decision support for weather sensitive operations for the Shipping, Offshore, Renewable Energy, Corporate Enterprise, Media and Aviation industries, has acquired all outstanding shares in Nena AS.

placeholder

MONTHLY – Cal 17 coal may rise 7% on bullish Asian demand

02/08/2016 (Montel) Front-year European coal prices may rise by as much as USD 4.50 in August, as bullish Asian demand signals permeate into the European market, although an overall abundance of supply could limit gains.

placeholder

MONTHLY – Nordic spot may jump EUR 1 on coal, higher demand

01/08/2016 (Montel) Higher consumption after the summer holiday season and bullish coal prices are set to lift average Nordic spot prices EUR 0.50-1 month on month in August, market participants told Montel.

placeholder

COAL – Q4 prices surge to 17-month highs

28/07/2016 (Montel) European coal prices have risen to 17-month highs, fuelled by some healthier short-term European demand, yet the increase is limited by an overall abundance of supply, market participants said on Thursday.

placeholder

La Nina emergence less likely, but threat to coal remains

19/07/2016 (Montel) The likelihood has lessened of a La Nina weather pattern hitting output from the world’s largest thermal coal exporter Indonesia this year although the threat remains, the Australian Government Bureau of Meteorology said on Tuesday.

placeholder

COAL – Asia demand, weaker dollar lifts API 2

15/07/2016 (Montel) Demand from Asia and a weaker US dollar are likely to further lift European coal prices above recent multi-month highs, market participants said on Thursday.

placeholder

MONTHLY – Weak demand to weigh on coal prices

01/07/2016 (Montel) European coal prices are likely to remain flat or weaken marginally over the coming month amid seasonally weak demand and bearish signals from the Asia-Pacific region, although technical indicators are still bullish.

placeholder

NORDIC – Forwards extend losses as fuels weaken

21/06/2016 (Montel) Nordic power forward prices extended earlier losses on Tuesday afternoon as wet weather forecasts were met with weakening fuel prices.

placeholder

Nuclear issues driving German cross-border cuts – market participants

21/06/2016 (ICIS) Nuclear power outages could be the reason why Germany’s day-ahead export capacity to France has often being restricted even at times when wind power is low, traders and analysts have said.

placeholder

– Forlenget elsertmarked vil ramme eksisterende investorer

14/06/2016 (Montel) Hvis Sverige forlenger elsertifikatmarkedet og øker målet med 18 TWh til 2030, vil det ramme investorer som allerede har investert i elsertifikatmarkedet, ifølge analytiker Joachim Jernæs i Nena.

placeholder

– Nordlink kan senke vannverdiene til etter 2025

08/06/2016 (Montel) Tyske myndigheter bekrefter at viktige linjeprosjekter internt i landet vil bli forsinket til minst 2025, noe som vil føre til forlenging av eksportbegrensningene fra Norden og hyppig import av lave tyske priser.

placeholder

Coal Rides Commodities Rally in Push to 10-Month High in Europe

06/06/2016 (Bloomberg) European coal prices surged to the highest in 10 months, buoyed by rising fuel prices and supply disruptions.

placeholder

EU Power-Price Boost on Hold as Traders Doubt Carbon Tax

03/06/2016 (Bloomberg) A jolt in power prices because of the introduction next year of a carbon floor price in France has so far failed to materialize as traders suspect the measure may be delayed or won’t happen at all.

placeholder

MONTHLY – USD 50/t coal may see upside from Indian monsoon

03/06/2016 (Montel) European paper coal prices will likely continue to remain around USD 50/t in June, although the impending monsoon season in India will almost certainly be bullish for prices, a market participant said.

placeholder

COAL – Open US export arbitrage threatens to cap API 2 gains

27/05/2016 (Montel) European coal prices rose to eight-month highs on Thursday largely on the back of a bullish oil market, although an opening of the US export arbitrage to Europe threatens to curtail further gains, said players.

placeholder

Nena: Nordiske kraftpriser vil holde seg lave i over ti år

24/05/2016 (Montel) Videre fornybarutbygging, fortsatt importbegrensning til Tyskland, lav forbruksvekst og vanskeligheter med å stenge ned kjernekraft vil føre til at kraftprisene i Norden holder seg lave i minst ti år til. Risikoen for priskollaps øker også, ifølge Nena.

placeholder

German power far curve might shed value in summer

24/05/2016 (ICIS) A rise in German far curve electricity prices is fundamentally unjustified and annual contracts will probably shed value in the next few months, even though they are unlikely to reach the record lows seen mid-February, several market participants and observers have told ICIS.

placeholder

COAL OUTLOOK – Well-supplied market faces losses

23/05/2016 (Montel) European coal prices may come under some pressure this week, as softening oil prices and a dearth of fundamental support from the supply or demand sides weighs on the market, analysts said on Monday

placeholder

NORDIC – Spot jumps 12% on tight balance

09/05/2016 (Montel) The Nordic power system price for Tuesday surprisingly jumped EUR 2.61 to EUR 23.82/MWh amid tight nuclear and wind power supply, prompting an upward adjustment on the forward curve in afternoon trade.

placeholder

MONTHLY – Front-year coal may jump over USD 3

03/05/2016 (Montel) European paper coal prices may rise by as much as 6% – or about USD 3 – from current levels in May, as bullish technical signals and strong oil prices underpin the market, participants said.

placeholder

Nena: Hydrologien har forverret seg med 18 TW siden jul

21/04/2016 (Montel) Den hydrologiske balansen i Norden har forverret seg med 18 TWh siden jul, ifølge analyseselskapet Nena, som har løftet sin prisprognose for tredje kvartal med 30 prosent i samme periode.

placeholder

European Coal Enters Bull Market After Longest Rally Since 2008

19/04/2016 (Bloomberg) The contract for delivery to northwest Europe next year gained for an eighth day on Tuesday, the longest such streak since June 2008, according to broker data compiled by Bloomberg. The fuel has climbed 25 percent since Feb. 17, when it reached the lowest since Bloomberg started compiling the data in September 2007.

placeholder

COAL OUTLOOK – Reduction in offers to underpin prices

18/04/2016 (Montel) European coal prices are likely to remain supported this week, with appreciating producer currencies deterring offers and a still open trans-Pacific arbitrage resulting in a slight decline in Atlantic supply, participants said on Monday.

placeholder

Electricity Certificates Outlook 2016-2035 available now

14/04/2016 Nena presents merit order overview of investments from 2016 to 2020. Complete overview of all large projects under construction as well as expected onshore wind, large hydro, bio and wind power projects to take investment decision.

placeholder

Nordic Power Outlook 2016-2040 available now

14/04/2016 The long term report offers scenario analysis with updated “Base case scenario”, “Nena scenario” (low gas to Europe), and an alternative scenario for “High fuel and CO2 prices”.

placeholder

Dry freight surges 47% over month amid vessel tightness

13/04/2016 (Montel) The Baltic Dry Index (BDI) rose 47% over the past four weeks to 529 points, the highest in four-months, as strong South American grain exports curbed vessel availability, according to industry sources on Monday.

placeholder

German coal-fired power plants face threat of cash-strapped summers

11/04/2016 (ICIS) Germany’s renewable energy expansion will threaten the profitability of coal-fired power plants during the summer season within a few years time, figures show.

placeholder

Japan's $72 Billion Power Market Reform Starts With 6 People

07/04/2016 (Bloomberg) At the heart of Japan’s 8.1 trillion yen ($72 billion) retail electricity market liberalization is a six-person office in a residential neighborhood south of Tokyo’s business center.

placeholder

COAL – Dollar weakness, weak demand to shackle API 2 prices

01/04/2016 (Montel) European coal prices are likely to trade relatively sideways over the short-term with downside constrained by weakness in the dollar and upside limited by waning European demand, participants said on Thursday.

placeholder

EU Coal Loses Its Premium to South Africa as Demand Wanes

29/03/2016 (Bloomberg) The switch comes as European consumption is set to shrink further amid policies to reduce carbon emissions while Asian demand shields South African prices, said Diana Bacila, an analyst in Oslo at Nena AS. “The situation is a confirmation of the new normal, in which Asia is becoming the demand hub instead of Europe,” she said.

placeholder

COAL – API 2 rises to 2016 highs

18/03/2016 (Montel) European coal prices hit fresh year-to-date highs on Thursday as bullish oil prices and a strong rouble combined with a buoyant South Africa export market, despite the API 2 market being otherwise well-supplied.

placeholder

GERMAN – Front week climbs 4% on low wind, cooler outlook

17/03/2016 (Montel) German front-week power prices advanced 4% on Tuesday morning as forecasts showed low wind power production and temperatures dropping to nearly 5C below normal.

placeholder

German power prompt volume deviates from upward trend

04/03/2016 (ICIS) Traded volume on shorter-term products at Germany’s wholesale electricity market was down in February for the second month in a row, according to trade data collected by ICIS.

placeholder

NORDIC – Forwards rise on dry weather outlook

04/03/2016 (Montel) Nordic power prices edged up on Friday amid expectations of declining hydropower storage from drier-than-normal weather over the next few weeks.

placeholder

COAL – Prices recover as Colombian strike remains a threat

26/02/2016 (Montel) European coal prices recovered slightly this week amid concerns about a possible strike at Colombian miner Cerrejon and relatively stable producer currencies and oil prices.

placeholder

NORDIC ELCERT – March 17 hits 11-month low on 1 GW wind deal

23/02/2016 (Montel) The Nordic Elcert March 2017 contract fell to an 11-month low on Tuesday morning after Norway’s Statkraft announced plans to build Europe’s biggest onshore wind project at 1,000 MW

placeholder

Nena: Fosen (1.000 MW) er neppe kostnadsoptimalt

23/02/2016 (Montel) Det kraftige fallet i elsertmarkedet tirsdag morgen tyder på at vindkraftutbyggingen på Fosen ikke er en del av den mest kostnadsoptimale løsningen for å nå det svensk-norske elsertmålet på 28,4 TWh, ifølge Nena.

placeholder

COAL OUTLOOK – Colombia, utilities set to support API 2

23/02/2016 (Montel) European coal prices could rise this week due to the threat of a miners’ strike in Colombia and some lingering demand from the power sector, players said on Monday.

placeholder

COAL – European prices consolidate amid stronger oil

19/02/2016 (Montel) European coal prices began to show signs of consolidation this week, with firmer crude oil prices credited with the rally as there is little sign yet of an uptick in regional demand.

placeholder

GERMAN – Weekend drops as forecasts show high wind output

18/02/2016 (Montel) German weekend power prices fell for the fourth consecutive session on Thursday morning as forecasts showed wind generation reaching near a record high.

placeholder

Wind may overtake German lignite this winter – analysts

18/02/2016 (Montel) Wind power may overtake lignite generation to become Germany’s single-biggest source of electricity this winter, potentially forcing utilities to adapt their traditional maintenance timetables, market participants told Montel.

placeholder

COAL – Prices drop to fresh lows on weak demand

12/02/2016 (Montel) European coal prices slumped to fresh record lows this week amid a lack of buying interest and few signs of fundamental support.

placeholder

NORDIC – Front rises as forecasts show brief cold snap

11/02/2016 (Montel) Prices on the front end of the Nordic power curve rose early on Thursday as forecasts showed colder and drier weather conditions over the next 10 days.

placeholder

Carbon sinks further as energy weakness continues

11/02/2016 (Montel) European carbon fell for a seventh successive day on Thursday as energy prices came under renewed pressure.

placeholder

COAL OUTLOOK – Power sector demand to support prices

09/02/2016 (Montel) European coal prices could find support this week from increased demand from the power sector, potentially pushing API 2 contracts further above recent record lows, analysts and traders said on Monday.

placeholder

COAL – Oil, weaker dollar support European prices

05/02/2016 (Montel) European coal prices continued to firm this week amid stronger oil and a weaker dollar after reaching a record low in January, even though demand in the region remains lacklustre, sources said on Thursday.

placeholder

NORDIC – Front week soars nearly 20% on colder weather

28/01/2016 (Montel) The front-week contract has soared almost 20%, over EUR 3, on Thursday amid weather forecasts confirming a return to colder conditions, while a strengthening fuels complex is supporting the long end of the curve.

placeholder

COAL OUTLOOK – API 2 to remain tied to oil

26/01/2016 (Montel) European coal prices are likely to remain closely tied to other energy commodities this week, with bearish oil, specifically, potentially pulling API 2 contracts to fresh lows, analysts and traders said on Monday.

placeholder

Dry freight index slumps to new all-time lows

18/01/2016 (Montel) The Baltic Dry Index (BDI) – which tracks global dry freight rates – has broken below 400 points, extending all-time lows, as vessel oversupply and weak seaborne commodity demand weighs heavily on the market, participants said on Friday.

placeholder

COAL – No end in sight for API 2 woes

15/01/2016 (Montel) European coal prices are set to hit fresh market lows over the coming days and weeks as declining oil prices and weak producer currencies allow companies to keep supplying to an already oversupplied market.

placeholder

Low prices may force Vattenfall reactor closures – analysts

14/01/2016 (Montel) Swedish utility Vattenfall’s warnings that poor profitability may force it to close more nuclear reactors should be taken seriously, analysts told Montel on Wednesday.

placeholder

- Elsertmålet vil nås med en pris på 180 SEK/MWh

13/01/2016 (Montel) Prisen på elsertifikater trenger ikke å øke med mer enn 18 svenske kroner fra dagens nivå i spotmarkedet for at det svensknorske målet på 28,4 TWh innen 2020 skal nås, ifølge Nena.

placeholder

Colombia coal output to stall in 2016 – mining association

11/01/2016 (Montel) A slump in global coal prices will see Colombian coal production stall in 2016, at below 90m tonnes, as companies cut investment in new capacity, the Colombian Mining Association said late on Thursday.

placeholder

Straumkundane kan juble, medan kraftbransjen ventar magre år

07/01/2016 (NrK) Straumprisane vil truleg vere låge i minst ti år til, trur straumanalytikar.

placeholder

COAL – Weak demand weighs further on prices

17/12/2015 (Montel) The European coal market remained under pressure over the past week, with abundant supply and unseasonably sluggish demand likely to weigh further on prices over the coming weeks, participants said on Thursday.

placeholder

NORDIC – Q1 edges lower on milder, wetter forecasts

16/12/2015 (Montel) First-quarter prices edged lower amid milder and wetter weather forecasts on Wednesday morning, indicating spot prices will be “very low” at the start of the year.

placeholder

COAL – Traders eye fresh API 2 lows

04/12/2015 (Montel) European coal prices will likely fall to fresh lows around USD 45/t in the short term as Colombian exports pick up after last week’s court decision to lift the Fenoco train ban, players told Montel on Thursday.

placeholder

GERMAN – Front week rises 4% as wind outlook revised down

03/12/2015 (Montel) German power prices for next week rose 4% on Thursday morning amid a downward revision in wind power forecasts and buoyant power prices in France.

placeholder

MONTHLY – Mild, wet December to depress Nordic spot

01/12/2015 (Montel) Nordic spot power prices are set to average around 15-year lows in December amid wet, mild and windy weather, although contracts will likely stay above current forward prices, which have been oversold, said market participants.

placeholder

Marked – Tynget av varsler om våt desember

27/11/2015 (Montel) Nye langtidsvarsler som viser mildt og vått vær i nesten hele desember bærer bud om lave spotpriser, noe som tynget kraftmarkedet fredag.

placeholder

German bottlenecks to cap Nordic power prices – Nena

18/11/2015 (Montel) Internal German grid bottlenecks will limit the potential for higher Nordic power prices in the next eight years, Oslo-based analyst Nena said on Wednesday, expecting an average cost of EUR 23-27/MWh in the period.

placeholder

COAL – Cal 16 API 2 falls to record low

13/11/2015 (Montel) European coal prices for delivery next year fell to record lows on Thursday as the global seaborne market remained awash with bearish drivers, said players.

placeholder

- Alle de store kullselskapene sliter

12/11/2015 (SYSLA) Analytiker Hans Gunnar Nåsvik forventer en realprisnedgang for kull i årene som kommer.

placeholder

Analytiker: Markbygden kan bli en joker för elcertmarknaden

05/11/2015 (Montel) Den jättelika vindkraftsparken Markbygden (4.000 MW) kan med sin storlek bli en joker i det norsk-svenska elcertifikatsystemet, men osäkerheten kring projektet är stor, säger två analytiker till Montel.

placeholder

Nordic Power Outlook 2016-2040 available now

27/10/2015 (Nena) Nena presents an updated scenario analysis for long term Nordic power and bordering markets Germany, France, UK, The Netherlands, Poland, Russia, Estonia, Lithuania and Latvia.

placeholder

Electricity Certificates Outlook 2016-2035 available now

27/10/2015 (Nena) Nena presents detailed overview of all investments up to 28.4 TWh from 2012 to 2021. Expectations to actual hydro, bio, and onshore wind power projects to take investment decision, overview of more than 200 large wind power projects.

placeholder

COAL – Prices hit fresh lows on thin physical demand

22/10/2015 (Montel) Physical European coal prices eased to new lows this week as logistics problems in mainland Europe deterred utilities from purchasing spot supplies ahead of winter, although prices are approaching a floor, participants said on Thursday.

placeholder

COAL – API 2 likely to remain below USD 50/t

19/10/2015 (Montel) European front-year coal prices are likely to remain below USD 50/t over the short term after the end of recent supply problems in South Africa, market participants said on Thursday.

placeholder

GERMAN – Front week jumps 4% on low wind, cold outlook

09/10/2015 (Montel) German power week-ahead prices rose more than 4% on Friday, buoyed by forecasts showing cold temperatures and low wind production.

placeholder

MONTHLY – High stocks to limit coal demand

01/10/2015 (Montel) European coal prices are likely to fall as much as USD 4-5 to new record lows in October, as high stocks, abundant supply and weak demand continue to weigh on sentiment, market participants said.

placeholder

NORDIC – Forwards hit fresh record lows on wet forecasts

28/09/2015 (Montel) Both the Q4 and 2016 contracts have hit fresh record lows on Monday amid wet forecasts, a low spot price and sliding coal and carbon markets.

placeholder

Fulle vannmagasiner – laveste strømpriser på 15 år

23/09/2015 (VG) Kraftmagasinene er breddfulle, regnet har bøttet ned og lave strømpriser gjør at vi kan se vinteren lyst i møte.

placeholder

Miljarder i solcellstöd kan ge kollaps för elcertifikat

21/09/2015 (Montel) I början av året varnade marknadsaktörer för att en kraftig ökning av solenergiutbyggnaden i Sverige kan leda till en kollaps för priserna i elcertifikatmarknaden efter år 2020.

placeholder

NORDIC – Prices slide on wet forecast, profit-taking

11/09/2015 (Montel) Nordic power prices fell early on Friday amid a combination of wet weather forecasts and profit-taking before the weekend, market participants said.

placeholder

Wind Farm Investment Plunges With Power Prices in Nordic Region

07/09/2015 (Bloomberg) Investors are pulling back from wind farms in Nordic nations as the lowest electricity prices in 12 years cut the profitability of new projects.

placeholder

GERMAN – Cal 16 hits one-week high amid firm coal prices

28/08/2015 (Montel) The German benchmark Cal 16 power contract rose to a one-week high on Friday morning, as rising coal prices boosted the marginal costs for power production.

placeholder

Coal Seen Dropping Below $50 in Rout as Output Fails to Slow

27/08/2015 (Bloomberg) Coal may drop below $50 a metric ton this year as a supply glut combines with a slide in emerging market currencies that supports exports.

placeholder

COAL – China stimulus gives prices brief relief from lows

27/08/2015 (Montel) European coal prices touched new lows over the past week, although they found some tenuous support as key consumer China took steps to alleviate global concerns about its slowing economy, participants said on Thursday.

placeholder

GERMAN – Near-term contracts fall on higher wind

26/08/2015 (Montel) Prices for the day ahead, the weekend and next week are falling on Wednesday morning due to an upward revision in forecasts for wind power production, players told Montel.

placeholder

Laveste strømpris siden år 2000

18/08/2015 (Sunnmørsposten) Jevn snøsmelting gir svært lave strømpriser.

placeholder

US clean power plan could add to global coal oversupply

07/08/2015 (Montel) The clean power plan unveiled by US president Barack Obama this week could potentially lead to greater thermal coal exports into Europe, deepening the global oversupply, market players said this week.

placeholder

COAL – High stocks, sluggish demand weighs on API 2

07/08/2015 (Montel) European coal prices remained just off four-month lows on Thursday as traders continued to eye healthy terminal stocks and sluggish demand.

placeholder

MONTHLY – Coal market may reach floor in August

05/08/2015 (Montel) European coal prices are likely to remain under pressure in August amid a lack of supportive supply-demand factors, although further losses could be negligible, market participants told Montel.

placeholder

COAL – Prices continue to drift lower as floor approaches

17/07/2015 (Montel) European coal prices have drifted lower this week as short-term fundamentals encourage selling, despite emerging signs that the oversupply in seaborne material is being eroded, participants said on Thursday.

placeholder

GERMAN – Prompt rises on lower renewables forecasts

09/07/2015 (Montel) Day-ahead and weekend prices are rising on Thursday morning as forecasts showed wind power production is set to fall and due to outages at conventional power plants, players told Montel.

placeholder

GERMAN – Front week sheds 3% on windy, cool outlook

03/07/2015 (Montel) German power prices for next week fell 3% on Friday morning as forecasts showed higher wind power production than previously expected and lower temperatures.

placeholder

Global coal exports slip in April, but continued growth in seaborne markets seen

01/07/2015 (SNL) The world's seven major coal-exporting countries shipped out 92.3 million tonnes of coal in April, a 13% decline from March levels, with the seaborne markets growing at a slower place despite new demand and supply centers opening in the near future.

placeholder

COAL OUTLOOK – Tight Asian supply offers price support

22/06/2015 (Montel) European coal prices may rise further this week amid a slight tightness in Asian spot supply, although high stock levels are likely to cap gains, participants said on Monday.

placeholder

Kan få vindkraftbud

12/06/2015 (Dagens Næringsliv) En stor internasjonal finansiell aktør skal ta sikte på å overta Statkrafts vindkraft­prosjekter i Trøndelag.

placeholder

GERMAN – Spot rises 7% on lower renewables

12/06/2015 (Montel) Prices for Saturday and Sunday rose by 7% and 2%, respectively, on Friday morning due to a downward revision in renewables forecasts for the weekend and outages at conventional power plants.

placeholder

COAL – Rising energy complex, euro, Asian demand lift API 2

12/06/2015 (Montel) Prompt European paper coal prices have risen this week alongside gas and oil contracts, with a rising euro, increased consumption and signs of a pick-up in Asian demand adding support, traders said on Thursday.

placeholder

Elsertprisen stiger kraftig

04/06/2015 (Montel) Prisen på elsertifikater for neste år er opp mer enn 5 prosent torsdag morgen, etter at Statkraft kunngjorde at de ikke går videre med planene om vindkraftutbygging i Midt-Norge.

placeholder

Nordic Green Power Boom Seen Exceeding Target on Wind Boost

03/06/2015 (Bloomberg) Sweden and Norway will probably exceed a joint target for renewable energy production by the end of the decade, industry consultant Nena AS said.

placeholder

MONTHLY – Front-year coal may bounce back above USD 60

01/06/2015 (Montel) The oversupplied European coal market is likely to remain weak this month, amid waning demand, although prices could approach a floor, with the Cal 16 contract possibly bouncing back into the USD 60s, an analyst said.

placeholder

NORDIC – June, July dive to fresh lows on weak spot

28/05/2015 (Montel) Contracts for June and July fell 8% and 5%, respectively, to new record lows in afternoon trading on Thursday after the spot settled more than EUR 1.50 lower than expected.

placeholder

German power to rise EUR 1.50 on flow-based coupling

19/05/2015 (Montel) German day-ahead prices could increase by up to EUR 1.50/MWh as the country will export more power once flow-based market coupling starts on Wednesday, analysts told Montel on Monday.

placeholder

GERMAN – Forwards hit 2015 lows on ample supply

05/05/2015 (Montel) German power prices for July and the front quarter slipped to new 2015 lows on Tuesday amid flagging spot prices and signs of healthy supply availability, traders said.

placeholder

MONTHLY – Coal price outlook remains “bearish”

04/05/2015 (Montel) European front-year coal prices are likely to hold within a USD 55-60/t range this month, although overall market sentiment will remain weak because of an oversupply and limited demand, analysts and traders said.

placeholder

GERMAN – Day-ahead peak soars 60% on low solar, wind

30/04/2015 (Montel) Friday prices rose for the third consecutive trading day on Thursday morning, soaring almost 60%, or nearly EUR 9, as forecasts confirmed power production from solar and wind plants in the country will be very low.

placeholder

Electricity Certificates Outlook 2015-2035 available now

29/04/2015 (Nena) Nena presents detailed overview of all investments up to 28.4 TWh from 2012 to 2021. Expectations to actual hydro, bio, and onshore wind power projects to take investment decision, overview of more than 200 large wind power projects.

placeholder

GERMAN – Weekend jumps 8% on strike, low renewables

23/04/2015 (Montel) German power weekend prices jumped 8% on Thursday morning amid expectations of low lignite availability due to a planned strike at RWE and a drop in renewables generation.

placeholder

NORDIC – Forwards sink to fresh record lows

22/04/2015 (Montel) Contracts for May, the third quarter and front year fell to new record lows on Wednesday afternoon amid the system price settling almost EUR 1 lower than expected and due to forecasts of wet weather.

placeholder

EU coal will fall towards USD 50/t this summer – Nena

22/04/2015 (Montel) Coal spot prices in Europe are likely to soften towards USD 50/t this summer, due to ample supply and low production costs in key exporting countries, Oslo-based analyst Nena said on Wednesday.

placeholder

COAL – Weak dollar, stronger oil lifts market

17/04/2015 (Montel) European front year coal prices are finding support from a weaker dollar and stronger oil prices, though they could resume their bearish trend as the market remains mired in oversupply, said traders on Thursday.

placeholder

GERMAN – Prompt rises on lower renewables forecasts

16/04/2015 (Montel) German power prices for Friday and the weekend rose on Thursday morning amid a downward revision in the outlook for wind and solar generation, players told Montel.

placeholder

NORDIC – Prices rise on fear of April supply squeeze

27/03/2015 (Montel) Nordic power prices are rising on Friday as weather forecasts indicate lower temperatures, which could limit snowmelt and trigger a supply squeeze with increasing peak prices.

placeholder

GERMAN – Day-ahead power jumps 6% on lower wind output

26/03/2015 (Montel) Germany’s day-ahead power price climbed 6% on Thursday after forecasters revised down their wind output expectations.

placeholder

Nena’s Nordic Power Outlook 2015-2040 available now

19/03/2015 (Nena) Nena presents an updated scenario analysis for long term Nordic power and bordering markets Germany, France, UK, The Netherlands, Poland, Russia, Estonia, Lithuania and Latvia.

placeholder

Nena bekymret for overinvesteringer tross økt elsertmål

13/03/2015 (Montel) Et økt svensk mål i elsertmarkedet på 2 TWh vil ikke bety mye for elsertifikatprisen ifølge Joachim Jernæs i Nena. Han er fremdeles bekymret for overinvesteringer.

placeholder

GAS – UK prices fall on mild weather, long system

05/03/2015 (Montel) UK gas prices are falling on Thursday morning on mild weather forecasts, a long system and on news the Ukraine-Russia crisis is easing.

placeholder

Supply glut maintains pressure on coal

02/03/2015 (Montel) Despite expectations of further production cuts this year, market participants expect prices in March to remain under pressure, as oversupply and high inventory levels persist.

placeholder

Nena: Økt sannsynlighet for priskollaps i elsertmarkedet

18/02/2015 (Montel) Det er altfor mange prosjekter planlagt i elsertmarkedet, noe som øker sannsynligheten for at man skyter over 26,4 TWh-målet og får en priskollaps, mener analytiker Joachim Jernæs i Nena.

placeholder

Germany Buys Most Russian Coal Since 2006 to Diversify

13/02/2015 (Bloomberg) Germany imported the most coal from Russia in at least nine years, just as the European Union is trying to reduce its reliance on energy supplies from the former Soviet state.

placeholder

Nordlink delay to widen Nordic surplus, hit prices

10/02/2015 (Montel) A two-year delay in the 1,400 MW Nordlink cable from Norway to Germany will feed a growing power surplus in the Nordic region and put further pressure on wholesale prices, analysts and market sources told Montel on Tuesday.

placeholder

Nena launches new website

06/02/2015 Nena is pleased to announce the launch of its new website today

placeholder

Global dry freight index falls to lowest since 1986

03/02/2015 (Montel) The Baltic Dry Index (BDI) – which tracks global dry freight rates – has dropped to its lowest level in nearly 29 years, as a surplus of vessels continues to weigh heavily on the market, participants said on Tuesday.