Risk for a collapse in Nordic power market

Nordic power market medium-term analysis:

– We are close to “collapse territory”
– After Nov only an SSW can save prices
– NO producers will see negative EBIT again if we don’t see a stable change in energy outlook
– Up to then gradually rising Hydbal to extreme levels
– Complete madness that NVE says yes to massive wind investments, few cables and risk for low prices for 6-10 years before consumption offset the massive investments in wind and bearish impact of Energy Climate Changes…
– Energy Climate Changes: accumulated Warm, Wet and Windy, periods of extreme WWW will be seen more often = Hydbal (HPR) will have a problem coming down…

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