CICERO - Center for International Climate Research
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High snow levels indicate weak power prices in the Nordics this summer

Electricity prices in the Nordic countries are likely to be unusually low this summer amid high inflows to hydropower plants, caused by a combination of a very snow-rich winter and late snowmelt.

The current winter is a big win for seasonal forecasts

Seasonal forecasts for this winter were markedly accurate, with mild conditions in Northern Europe in December and January predicted already in October. Researchers in the S2S4E project are now working to find out how to improve the reliability of future outlooks.