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POWER: Swedish FCR January Prices Hit 3-Year Low, Volatility Rises

POWER

 Swedish FCR January prices were the lowest in three years, continuing the trend from late 2024, with FCR-D prices at around €5/MW and FCR-N stabilising at €20/MW, according to Svenska Kraftnat's latest report.

  • However, hourly prices showed increased volatility compared to the previous month, with spikes in FCR-N and FCR-D prices coinciding with reduced wind power, high spot prices, and increased hydroelectric production.
  • Additionally, the TSO plans to expand these reports to cover multiple markets.
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 Swedish FCR January prices were the lowest in three years, continuing the trend from late 2024, with FCR-D prices at around €5/MW and FCR-N stabilising at €20/MW, according to Svenska Kraftnat's latest report.

  • However, hourly prices showed increased volatility compared to the previous month, with spikes in FCR-N and FCR-D prices coinciding with reduced wind power, high spot prices, and increased hydroelectric production.
  • Additionally, the TSO plans to expand these reports to cover multiple markets.
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