Nord Pool ended up on Monday mostly caused by a higher spot price than expected and dryer weather forecasts.
The spot price for Tuesday jumped 3.14 euro to EUR 55.18/MWh.
“It was higher than expected and the market reacted by rising sharply straight after it became known,” portfolio manager Rune Jørgensen in Helgelandskraft commented,
“The spot price was relatively high because little wind...
