The market is strengthening across the board Thursday morning. The front end is affected by the weather outlook which shows no clear downsignals for the spot market, while strong fuels and carbon are influencing the longer contracts.
The contract for May has gained one euro to EUR 41/MWh last at Nord Pool, while Q3-08 was last traded at EUR 41.75/MWh, up 65 cents.Players point to the strong spot market as the main price driver. "The system price has increased steadily, and now the price in southNorway is strengthening as well. The front end of the curve has a limited downside until the system price falls," Axel Weyle
Donnerstag, 10.04.2008, 11:26 Uhr
Redaktion
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