Based on a methodology developed by Ea Energy Analyses, the Danish Energy Agency utilises energy commodity forwards and future prices in combination with long-term price forecasts to arrive at its annual fuel price projections.
To assist in the selection process, Ea afforded the Danish Energy Agency with a general overview of what forwards are and how they are utilised. Ea also provided a more specific understanding of the various forward prices that are available for fossil and biomass fuels, which are the most relevant from a Danish perspective, and how they can be utilised in the price updates of the Danish Energy Agency.
The project was carried out from October to November 2017.
Find information about one of our projects in Türkiye here.