{"id":75617,"date":"2026-03-05T14:30:22","date_gmt":"2026-03-05T12:30:22","guid":{"rendered":"https:\/\/www.sweco.fi\/?page_id=75617"},"modified":"2026-04-01T09:46:44","modified_gmt":"2026-04-01T06:46:44","slug":"electricity-price-forecast","status":"publish","type":"page","link":"https:\/\/www.sweco.fi\/en\/energy\/electricity-price-forecast\/","title":{"rendered":"Electricity price forecast for Nordics"},"content":{"rendered":"<section class=\"block hero \" >\n    <img width=\"1680\" height=\"800\" src=\"https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-electricity-station-1680x800.jpg\" class=\"hero__bg-img\" alt=\"A detail of an electrical substation in Vantaa, showing the upper corner of the building and power lines.\" fetchpriority=\"high\" decoding=\"async\" sizes=\"(max-width: 767px) 1080px, 1920px\" \/>                <div class=\"block__inner block__inner--end\">\n            <div class=\"col--6 editor-content \">\n                <h2 class=\"Heading1withoutNumbering\">Nordic Energy Price Outlook<\/h2>\n<p>The wholesale electricity price forecast helps make better decisions in uncertain electricity markets.<\/p>\n<p style=\"text-align: right\"><span style=\"font-size: 1rem\">\u00a0<\/span><a class=\"btn btn__primary\" href=\"#price\">See service price<\/a><span style=\"font-size: 1rem\"> \u00a0<\/span><a class=\"btn btn__primary\" href=\"#contactus\">Contact us!<\/a><\/p>\n\n                            <\/div>\n        <\/div>\n    \n\t        <div class=\"block__inner hero__blurbs\" data-amount=\"2\">\n\t\t\t                <a href=\"https:\/\/www.sweco.fi\/en\/sustainability-consultancy\/strategic-expert-partner-in-the-energy-transition\/\" target=\"\"\n                   class=\"col--6\">\n                <span>\n                    \t                Strategic expert partner in the energy                     <span class=\"last\">\n                        transition                        <i class=\"icon icon-arrow-right\"><\/i>\n                    <\/span>\n                <\/span>\n                <\/a>\n\t\t\t                <a href=\"#contactus\" target=\"\"\n                   class=\"col--6\">\n                <span>\n                    \t                Contact our                     <span class=\"last\">\n                        experts                        <i class=\"icon icon-arrow-right\"><\/i>\n                    <\/span>\n                <\/span>\n                <\/a>\n\t\t\t        <\/div>\n\t<\/section>\n\n\n\n\n<section class=\"block cb block--white\" >\n\t<div class=\"block__inner cb__inner cb__inner--one\">\n\t<div class=\"col--12 col--center col--wrapper\">\n\t\t<div class=\"col col--6 editor-content\">\n\t\t\t<h1 class=\"Heading1withoutNumbering\">Long-term electricity price forecast for Nordic countries \u2013 Nordic Energy Price Outlook<\/h1>\n<p>The electricity market is rapidly changing due to energy transition, changes in production structure, and large investments. The electricity price forecast, Nordic Energy Price Outlook, prepared by Sweco&#8217;s experts, offers a thorough and diversified analysis of how wholesale electricity prices may evolve in Finland and other Nordic countries over the coming decades.<\/p>\n<p>Long-term electricity price analysis helps to understand how the growth in electricity demand, development of production capacity such as wind power capacity growth, electrification, the role of nuclear power, transmission connections, and fuel and emission allowance prices affect future electricity prices. The analysis covers the years 2025\u20132055 and is based on up-to-date information and market trends.<\/p>\n<p>The electricity market forecast also provides insights into the differences between various electricity price zones and their development, considers supply and cross-border transmission connections developments, and capture prices of different production types.<\/p>\n<div class=\"buttons-wrapper buttons-wrapper--left\"><a href=\"#contactus\" target=\"\" class=\"btn btn__primary \">Ask more from our experts \u2192<\/a><\/div>\t\t<\/div>\n\t<\/div>\n<\/div>\n<\/section>\n\n\n<section class=\"block block--white columns\" id=\"price\">\n\t<div class=\"block__inner columns__inner\">\n\t\t<div class=\"col--11 col--wrapper col--stretch\">\n\t\t\t\n\t\t\t\t\t\t\t<div class=\"columns__col col col--6\">\n\t\t\t\t\t<div class=\"editor-content columns__content columns__content--image\">\n\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-paper-machine.jpg\" class=\"attachment-full size-full\" alt=\"Paper production line\" srcset=\"https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-paper-machine.jpg 900w, https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-paper-machine-200x133.jpg 200w, https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-paper-machine-768x512.jpg 768w, https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-paper-machine-520x347.jpg 520w, https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-paper-machine-800x533.jpg 800w, https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-paper-machine-450x300.jpg 450w, https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-paper-machine-675x450.jpg 675w, https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-paper-machine-652x435.jpg 652w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/>\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"columns__col col col--6\">\n\t\t\t\t\t<div class=\"editor-content columns__content columns__content--content\">\n\t\t\t\t\t\t<h2>Price information and target group<\/h2>\n<p><span id=\"tgtAlignment_0\" class=\"ts-alignment-element\" data-is-focusable=\"true\">The<\/span>\u00a0<span id=\"tgtAlignment_3\" class=\"ts-alignment-element\" data-is-focusable=\"true\">service includes<\/span><span id=\"tgtAlignment_4\" class=\"ts-alignment-element\" data-is-focusable=\"true\">:<\/span> a <span id=\"tgtAlignment_5\" class=\"ts-alignment-element\" data-is-focusable=\"true\">one<\/span><span id=\"tgtAlignment_6\" class=\"ts-alignment-element\" data-is-focusable=\"true\">&#8211;<\/span>time <span id=\"tgtAlignment_7\" class=\"ts-alignment-element\" data-is-focusable=\"true\">analysis<\/span> <span id=\"tgtAlignment_8\" class=\"ts-alignment-element\" data-is-focusable=\"true\">of<\/span> <span id=\"tgtAlignment_9\" class=\"ts-alignment-element\" data-is-focusable=\"true\">the<\/span> price <span id=\"tgtAlignment_10\" class=\"ts-alignment-element\" data-is-focusable=\"true\">development<\/span> <span id=\"tgtAlignment_11\" class=\"ts-alignment-element\" data-is-focusable=\"true\">in<\/span> <span id=\"tgtAlignment_12\" class=\"ts-alignment-element\" data-is-focusable=\"true\">the<\/span> <span id=\"tgtAlignment_13\" class=\"ts-alignment-element\" data-is-focusable=\"true\">Nordic<\/span> <span id=\"tgtAlignment_14\" class=\"ts-alignment-element\" data-is-focusable=\"true\">electricity<\/span> <span id=\"tgtAlignment_15\" class=\"ts-alignment-element\" data-is-focusable=\"true\">market<\/span><span id=\"tgtAlignment_16\" class=\"ts-alignment-element\" data-is-focusable=\"true\">.<\/span> <span id=\"tgtAlignment_17\" class=\"ts-alignment-element\" data-is-focusable=\"true\">The<\/span> <span id=\"tgtAlignment_18\" class=\"ts-alignment-element\" data-is-focusable=\"true\">analysis<\/span> <span id=\"tgtAlignment_19\" class=\"ts-alignment-element\" data-is-focusable=\"true\">is<\/span> <span id=\"tgtAlignment_20\" class=\"ts-alignment-element\" data-is-focusable=\"true\">provided<\/span> <span id=\"tgtAlignment_21\" class=\"ts-alignment-element\" data-is-focusable=\"true\">as<\/span> <span id=\"tgtAlignment_22\" class=\"ts-alignment-element\" data-is-focusable=\"true\">a<\/span> <span id=\"tgtAlignment_23\" class=\"ts-alignment-element\" data-is-focusable=\"true\">report<\/span> <span id=\"tgtAlignment_24\" class=\"ts-alignment-element\" data-is-focusable=\"true\">in<\/span> <span id=\"tgtAlignment_25\" class=\"ts-alignment-element\" data-is-focusable=\"true\">English<\/span><span id=\"tgtAlignment_26\" class=\"ts-alignment-element\" data-is-focusable=\"true\">,<\/span> <span id=\"tgtAlignment_27\" class=\"ts-alignment-element\" data-is-focusable=\"true\">which<\/span> give<span id=\"tgtAlignment_28\" class=\"ts-alignment-element\" data-is-focusable=\"true\">s<\/span> <span id=\"tgtAlignment_29\" class=\"ts-alignment-element\" data-is-focusable=\"true\">an<\/span> in-depth <span id=\"tgtAlignment_30\" class=\"ts-alignment-element\" data-is-focusable=\"true\">and<\/span> <span id=\"tgtAlignment_31\" class=\"ts-alignment-element\" data-is-focusable=\"true\">detailed<\/span> <span id=\"tgtAlignment_32\" class=\"ts-alignment-element\" data-is-focusable=\"true\">picture<\/span> <span id=\"tgtAlignment_33\" class=\"ts-alignment-element\" data-is-focusable=\"true\">of<\/span> <span id=\"tgtAlignment_34\" class=\"ts-alignment-element\" data-is-focusable=\"true\">potential<\/span> <span id=\"tgtAlignment_35\" class=\"ts-alignment-element\" data-is-focusable=\"true\">price<\/span> <span id=\"tgtAlignment_36\" class=\"ts-alignment-element\" data-is-focusable=\"true\">developments<\/span> <span id=\"tgtAlignment_37\" class=\"ts-alignment-element\" data-is-focusable=\"true\">in<\/span> the <span id=\"tgtAlignment_38\" class=\"ts-alignment-element\" data-is-focusable=\"true\">Nordic<\/span> <span id=\"tgtAlignment_39\" class=\"ts-alignment-element\" data-is-focusable=\"true\">electricity<\/span> <span id=\"tgtAlignment_40\" class=\"ts-alignment-element\" data-is-focusable=\"true\">market<\/span><span id=\"tgtAlignment_41\" class=\"ts-alignment-element\" data-is-focusable=\"true\">.<\/span><\/p>\n<p>For whom is the wholesale electricity price analysis intended? Sweco&#8217;s Nordic Energy Price Outlook report is especially relevant for:<\/p>\n<ul>\n<li>Electricity producers<\/li>\n<li>Large electricity users, such as industries<\/li>\n<li>Investors and financiers<\/li>\n<li>Project developers and technology providers<\/li>\n<\/ul>\n<p>The analysis supports long-term investment decisions and risk management.<\/p>\n<p><strong>Price: 6,400 \u20ac. Delivery time: apprx. one week.<\/strong><\/p>\n<p><span style=\"font-size: 1rem\"> \u00a0<\/span><a class=\"btn btn__primary\" href=\"#contactus\">Contact our experts!<\/a><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n\n<section class=\"block cb block--white\" >\n\t<div class=\"block__inner cb__inner cb__inner--one\">\n\t<div class=\"col--12 col--center col--wrapper\">\n\t\t<div class=\"col col--6 editor-content\">\n\t\t\t<h2>Electricity price forecast to support decision making<\/h2>\n<p>Which factors will drive electricity prices in the Nordic region in the coming decades? We combine quantitative modeling and Sweco&#8217;s market experts&#8217; analytical insights to provide a clear picture of future price risks, understand the impact of different scenarios, obtain information to optimize investment strategy, procurement, or production plans. Sweco&#8217;s Nordic Energy Price Outlook offers a comprehensive electricity price forecast for the coming decades, supporting strategic decision-making and providing certainty in an electricity market changing faster than ever.<\/p>\n<p>The forecast examines the development of wholesale electricity prices under various scenarios until year 2055. The modeling utilizes Sweco&#8217;s own electricity market model, which considers:<\/p>\n<ol>\n<li>Up-to-date information and market trends<\/li>\n<li>Development of electricity demand, including electrification, data centers, electric boilers, and hydrogen production<\/li>\n<li>Growth in wind, solar, and nuclear power capacity<\/li>\n<li>The role of hydropower and weather variations<\/li>\n<li>Development of transmission networks and cross-border connections<\/li>\n<li>Fuel and emission allowance price scenarios<\/li>\n<li>Capture prices of different production types<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<div class=\"block__inner cb__inner cb__inner--title-block\">\n\t<div class=\"col--11 col--start col--wrapper editor-content\">\n\t\t\t\t\t<div class=\"col col--5\">\n\t\t\t\t<h2 class=\"h2 hyphenate\">Sweco&#8217;s electricity price forecast answers key questions:<\/h2>\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"col col--4 push--1\">\n\t\t\t\t<p><ul>\n<li>Which long-term factors affect electricity prices in the Nordic region?<\/li>\n<li>How is electricity demand expected to develop in the coming decades \u2013 and what does it mean for price formation?<\/li>\n<li>What role do increasing investments in data centers, electric boilers, and hydrogen production play in electricity prices?<\/li>\n<li>How does the addition of wind, solar, or nuclear power affect electricity and capture prices?<\/li>\n<li>How sensitive is price development to changes in the operating environment \u2013 what factors should operators especially monitor?<\/li>\n<li>How do the prices of different fuels and emission allowances affect electricity prices?<\/li>\n<\/ul>\n<\/p>\n\t\t\t\t<div class=\"buttons-wrapper buttons-wrapper--left\"><a href=\"#contactus\" target=\"\" class=\"btn btn__primary \">Contact our experts<\/a><\/div>\t\t\t<\/div>\n\t\t\n\t<\/div>\n<\/div><\/section>\n\n\n<section class=\"block quote quote--img\" >\n\t<div class=\"block__inner\">\n\t\t<div class=\"col--11 editor-content editor-content--white\">\n\t\t\t<div class=\"quote__inner\">\n\t\t\t\t<img width=\"1680\" height=\"560\" src=\"https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2026\/03\/Electricity-price-forecast-1680x560.jpg\" class=\"quote__bg-img\" alt=\"Two parallel high\u2011voltage power line pylons photographed from a meadow on a summer day.\" decoding=\"async\" loading=\"lazy\" sizes=\"auto, (max-width: 767px) 1080px, 1920px\" \/>\t\t\t\t<blockquote>\n\t\t\t\t\t<figure><svg viewBox=\"0 0 30 27\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M27.188.625c.761 0 1.406.293 1.992.82.527.586.82 1.23.82 1.992V17.5c0 1.7-.469 3.281-1.29 4.688a9.17 9.17 0 01-3.398 3.457 9.499 9.499 0 01-4.687 1.23h-.469c-.41 0-.761-.117-.996-.41-.293-.235-.41-.586-.41-.996v-2.813c0-.351.117-.703.41-.996.235-.234.586-.41.996-.41h.469c.996 0 1.875-.352 2.637-1.113.703-.703 1.113-1.582 1.113-2.637v-3.75h-4.688c-.82 0-1.464-.234-1.992-.82-.586-.528-.82-1.172-.82-1.992v-7.5c0-.762.234-1.407.82-1.993a2.693 2.693 0 011.992-.82h7.5zm-16.875 0c.761 0 1.406.293 1.992.82.527.586.82 1.23.82 1.992V17.5c0 1.7-.469 3.281-1.29 4.688a9.17 9.17 0 01-3.398 3.457 9.499 9.499 0 01-4.687 1.23h-.469c-.41 0-.761-.117-.996-.41-.293-.235-.41-.586-.41-.996v-2.813c0-.351.117-.703.41-.996.235-.234.586-.41.996-.41h.469c.996 0 1.875-.352 2.637-1.113C7.09 19.434 7.5 18.555 7.5 17.5v-3.75H2.812c-.82 0-1.464-.234-1.992-.82-.586-.528-.82-1.172-.82-1.992v-7.5c0-.762.234-1.407.82-1.993a2.696 2.696 0 011.993-.82h7.5z\" fill=\"#3F3F42\"\/><\/svg><\/figure>\n\t\t\t\t\tSweco&#8217;s electricity market model covers the entire European electricity market on an hourly basis across 38 electricity price zones. The model optimizes the system&#8217;s annual costs and is based on assumptions about electricity demand and flexibility, production capacity and availability, storage and transmission, marginal costs, and technical constraints of production technologies, as well as fuel and emission allowance prices.\t\t\t\t<\/blockquote>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n\n    <section class=\"block block--white related-content\" >\n        <div class=\"block__inner related-content__inner\">\n            <div class=\"col--11 col--wrapper col--start col--stretch col--bottom \">\n                                    <div class=\"col col--12 editor-content related-content__title\">\n                        <h2 class=\"h2 hyphenate\">Explore more Sweco&#8217;s energy consultancy services<\/h2>                    <\/div>\n                \n                                    <div class=\"col col--4 item item--img\">\n\n                                                    <a href=\"https:\/\/www.sweco.fi\/en\/sustainability-consultancy\/strategic-expert-partner-in-the-energy-transition\/\" title=\"Strategic expert partner in energy transition\" >\n                                <div class=\"item__title\">\n                                    <p class=\"h4 hyphenate\">Strategic expert partner in energy transition<\/p>                                    <p class=\"item__title--info\">\n                                                                                                                                                            <\/p>\n                                <\/div>\n                                <figure class=\"item__image\">\n                                    <img loading=\"lazy\" decoding=\"async\" width=\"520\" height=\"296\" src=\"https:\/\/www.sweco.fi\/wp-content\/uploads\/sites\/7\/2025\/05\/Energy-strategic-partner-Sweco-520x296.jpg\" class=\"attachment-insights-featured size-insights-featured\" alt=\"Two people are in an office setting, looking at a computer screen. The person sitting is wearing a white shirt and using the computer mouse, while the person standing is leaning over the partition to observe the screen\" \/>                                <\/figure>\n                            <\/a>\n                        \n                                            <\/div>\n                                    <div class=\"col col--4 item item--img\">\n\n                                                    <a href=\"https:\/\/www.sweco.fi\/en\/energy\/\" title=\"All Sweco's energy services\" >\n                                <div class=\"item__title\">\n                                    <p class=\"h4 hyphenate\">All Sweco&#8217;s energy services<\/p>                                    <p class=\"item__title--info\">\n                                                                                                                                                            <\/p>\n                                <\/div>\n                             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<div class=\"block__inner contacts__inner\">\n            <div class=\"col--11 col--wrapper col--stretch\">\n\t\t\t\t                    <div class=\"col col--12 editor-content contacts__title\">\n\t\t\t\t\t\t<h2>Contact Us!<\/h2>\n                    <\/div>\n\t\t\t\t\t\t\t\t                    <div class=\"col col--6 person person--card--img\">\n                        <div class=\"person__inner\">\n\t\t\t\t\t\t\t                            <div class=\"person__content editor-content\">\n                                <p class=\"h4 hyphenate\">Tuukka Rautiainen<\/p>                                <em>Energy markets, strategic planning<\/em>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"person__contact\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<button class=\"btn btn__small btn__secondary contact-info-btn\" data_contact-id=\"61032\" data-email-subject=\"\">Show contact information<\/button>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t                         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