What’s next for the Nordic power market?
Understand the forces reshaping electricity prices in the Nordics from weather-driven supply to the next wave of industrial demand.

Rising volatility in the Nordic power market
The energy transition is accelerating across Finland and Sweden. Electrification, large-scale industrial investments and rapidly expanding wind power are reshaping how electricity markets operate.
At the same time, price dynamics are changing. Short periods of very low electricity prices can quickly turn into sharp price spikes as supply and demand fluctuate.
Understanding these signals is becoming increasingly important for companies operating in energy-intensive industries and for anyone following developments in the Nordic power market.
What will you learn from the whitepaper?
Explore:
- How electricity prices are formed in the Nordic electricity market
- Why price volatility has increased in recent years
- How wind power and electrification are reshaping supply and demand
- What future industrial demand could mean for the Nordic power system
- Why flexibility and price signals will become more important in the years ahead
About the author
Jaakko Jääskeläinen is the Director of Industrial Intelligence at Fortum, where he leads power market analysis to support operative and strategic decision-making in the energy sector. Prior to this role, he worked as Professor of Practice (Energy Markets) at Aalto University and in various energy market related analyst and consultant positions. Moreover, Jaakko holds a PhD in energy security.
