Biomass exchange overview – October 2020
In October, foreign trade totalled 2,100 MWh. In Estonia, one of the largest buyers of this market, Enefit Energiatootmine AS controlled by the Ееsti Energia group, continued to trade under Spot contracts during all trading sessions, and the number of sellers during the sessions continues to grow. In Latvia, a contract was concluded in Kurzeme region. The weighted price under contracts amounted to 9.90 EUR/MWh in Latvia and 12.64 EUR/MWh in Estonia. The price in Latvia decreased by 22% compared to October 2019. The price in Estonia decreased by 13.5% compared to contracts of Q1 2020 when trade in Estonia was launched.