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Mind Energy warns of heightened Nordic winter power-price spike risk

Mind Energy warns of heightened Nordic winter power-price spike risk

Danish energy trader Mind Energy warned that hydropower deficits and tight European gas supplies increase the risk of Nordic power-price spikes this winter, especially during cold, low-wind periods. Its fourth-quarter report put available hydropower resources 11 TWh below normal, with southern price zones particularly exposed. Customer trading vice president Peter Nikolaj Krebs said the risk is primarily about prices rather than supply.

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Peter Nikolaj Krebs

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