17 Cloudberry Annual report 2021 Introduction 0 20 40 60 80 100 2010 2015 2020 2025 2030 Base Dec 2021 High Dec 2021 Low Dec 2021 80 0 10 20 30 40 50 60 70 2010 2015 2020 2025 2030 NO1 NO2 NO3 NO4 NO5 SE1 SE2 SE3 SE4 Forecasted Nordic spot price of base load power EUR/MWh (real 2021) Source: Volue Area Prices in the base scenario 2021-2030, incl. historical prices 2010-2020 EUR/MWh (real 2021)
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