Transformations in the Nordic Balancing Market and Nuclear Energy Challenges

Since spring 2025, power prices in the Nordics have been below zero, thanks to a myriad of factors, including low power demand and a glut of green power production. 

Whilst this has been good news for some consumers in the region - who have been paid to use their electricity - the prevalence of sub-zero prices has created jitters for investors and many in öthe markets are feeling the impact of the negative downturn. 

In this episode, Richard speaks to a panel of experts from Montel’s Energy Day in Helsinki about why the Nordics are experiencing the most dramatic level of negative prices vs the rest of Europe. We also look at PPAs, the impact of an increase in nuclear energy, and how renewables can coexist with other growing energy sources. 

Presenter: Richard Sverrisson

Guests:

Suvi Paaso - Managing Director, Power Deriva 
Riku Merikoski - Senior Power Analyst, Axpo Solutions AG
Vesa Ahoniemi - Chief Commercial Officer, Winda Energy
Priyanka Shinde - Market Expert Nordic, Montel Analytics

Editors: Bled Maliqi
Producer: Sarah Knowles