Markets

Nord Pool day-ahead prices fall to record low

Electricity prices on the Nord Pool exchange hit a record-low level, according to Latvia's Public Utilities Commission.

By · drafted with the Vantage newsroom system, approved before publication

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Electricity prices on the Nord Pool power exchange fell to a record-low level, according to Latvia's Public Utilities Commission as reported by The Baltic Course. The report does not specify the exact clearing price, but attributes the record to the Public Utilities Commission directly.

The Elia feed simultaneously flagged the Belgian bidding zone day-ahead reference price, though no figure is available in the published summary. The two items together point to broad softness in European day-ahead markets, spanning the Nordic-Baltic perimeter and the Belgian zone.

No further breakdown by hour or delivery date is available from the source summaries. Traders tracking cross-zonal spreads between Nord Pool and the Belgian zone should consult the full Elia and Nord Pool publications for granular settlement data.

Source: The Baltic Course

Photo by Rômulo Queiroz on Pexels.

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