Nordic power market volatility surged during 2025, and prices have been higher than in 2024 driven partly by (from a consumer point of view) non-favorable weather. Average monthly electricity wholesale price in the Nordic countries from January 2019 to April 2026 (in euros per megawatt-hour) The chart is not accessible to screen readers. Please switch to the table view to access the data. Already have an account? Add this content to your personal favorites. They include power price projections and a detailed discussion of the key developments and risk factors, including three market and policy scenarios designed to cover the range of potential future outcomes. 49 billion in 2026 to reach USD 15. 18% during the forecast period (2026-2031). Aggressive EU-level CO₂ standards, expanding clean-vehicle procurement. Increasing North-South divide in the Nordic Energy Markets January 2026. The introduction of EAM has left a clear footprint on market behaviour, price patterns, and reserve.
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