Nordic and Central European Long Term Reports

Our Nordic and Central European reports cover how market prices, industrial development, and policy is driving changes within the power market. The reports are necessary as supporting documents for investments, and are used by power producers and consumers to prepare for the energy transition expected over the next 30 years.

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Focus beyond the horizon

Discover the latest insights and forecasts for Nordic and Central European power prices with the Long Term Power reports. Our comprehensive report provides an extensive update on power price predictions for Europe spanning from 2023 to 2050. We delve deep into the factors influencing these forecasts, offering valuable insights into the conditions driving these predictions. Additionally, we highlight the changes, conclusions, and price differentials compared to our previous released edition.

Long Term Price Forecast for Electric Power in Central Europe 2023-2050 (June 2023 Edition)

Areas covered

  • Norway (All bidding zones)
  • Sweden (All bidding zones)
  • Denmark (All bidding zones)
  • Finland
  • The Baltic States
  • Germany
  • Austria
  • Switzerland
  • France
  • Belgium
  • Netherlands
  • United Kingdom
  • Spain
  • Portugal

Scenario analysis

Explore three scenarios to understand the Nordic and European power markers. Our base scenario takes into account the most likely developments in fuels and emission prices, the future power balance, and other pertinent factors. We also present low and high scenarios, illustrating potential price variations based on long-term fuel and carbon pricing.

Data and simulation

Powered by the EMPS from SINTEF Energy Research and Plexus for Central Europe, our analysis benefits from cutting-edge modeling technology. Volue Insight has prepared and quality-checked the extensive input data, ensuring the highest level of accuracy.

The EMPS model is specially designed for analyzing larger electrical systems, particularly those with a significant hydropower component. Widely used for forecasting spot market prices, system analysis, generation scheduling, and expansion planning, the EMPS model factors in transmission constraints, hydrological variations, and uncertainty in inflow and temperature.

Simulation period

Our Nordic power price simulations cover the period from 2023 to 2050, providing a comprehensive outlook for long-term planning.

Weather scenarios

Our weather scenarios draw from the historical period of 1986-2015. These scenarios significantly impact inflow series for hydropower generation, time series for wind and solar power, and power consumption patterns.

Long Term Power Price Forecasts Whitepaper

Whitepaper: The Long Term Power Price Report for Central and Western Europe

Download our whitepaper to get the highlights from our December edition report:

  • A sample of our Long-Term power price report for Central and Western Europe (2024-2050)
  • Insights into how new EU policy ('Fit for 55' and 'REpowerEU') Initiatives fuels renewable growth
  • Industry concerns & power demand trends

Frequently asked questions about the reports

We release quarterly updates throughout the year. 

Yes, historical reports are available for reference. Contact our support team for access to past editions.

Yes, all cost and price components in this report are expressed in real € 2023 for accuracy and consistency.

The low and high scenarios provide a range of potential outcomes, helping you assess risks and opportunities. They can be used for risk management, investment planning, and strategic decision-making.

Yes, we aim to hold a webinar every quarter or record a video of how the report has changed from the last edition.

Absolutely. Our customer support team is ready to assist you with any questions or requests you may have. Contact us for prompt assistance.

Get in touch

Would you like to get access to our Long Term Power Price reports? Fill out the form and we will get back to you as soon as possible.

Carsten Focke-Wenzel

Carsten Focke-Wenzel, Solution Sales Specialist