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.
Discover the latest insights and forecasts for Nordic and Central European power prices with the Long Term Power reports. Our comprehensive reports provide an extensive update on power price predictions for Europe spanning from the current year 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 editions.
Explore three scenarios to understand the Nordic and European power markets. 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.
Our analysis benefits from cutting-edge modeling technology: The Nordic long-term model is powered by the EMPS model from SINTEF Energy Research. For Central Europe, the model is based on our in-house power market simulator employing a least-cost dispatch and unit commitment framework. Insight by Volue has prepared and quality-checked the extensive input data, ensuring the highest level of accuracy.
The EMPS model is specially designed for analysing 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.
Our Nordic power price simulations cover the period from the current year to 2050, providing a comprehensive outlook for long-term planning.
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.
Download our whitepaper to get the highlights from our June 2025 edition report:
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Carsten Focke-Wenzel, Solution Sales Specialist