1. Introduction Anders Plejdrup Houmøller CEO, Houmoller Consulting
This PowerPoint presentation is animated
It’s recommended to run the animation when viewing the presentation.
On most computers, you can start the animation by pressing F5.
Now the presentation moves one step forward, when you press Page Down. It moves one step backward, when you press Page Up.
8 Jan. 2018

2. The German spot prices Concerning the next slide:
There is no correction for inflation – the prices are nominal terms.
Each point at the curve is a moving 7-day average
Examples:
For each year, the price associated with 7 March is the average of the prices during the seven days 1–7 March.
For each year, the price associated with 8 March is the average of the prices during the seven days 2–8 March.
8 Jan. 2018

3. Sources: Energinet.dk and EPEX Spot
German spot prices
Nominal terms
1 Jan – 8 Jan. 2018 -5 5 15 25 35 45 55 65 75 85 95
105
115
125
135
EUR/MWh
Moving 7-days average 02 04 06 08 10 12 14 16
Sources: Energinet.dk and EPEX Spot

4. Thank you for your attention!
Anders Plejdrup Houmøller
Houmoller Consulting ApS
Tel
8 Jan. 2018