The long end of the Nordic forward curve is extending its premium over the front on Wednesday on the back of stronger oil and carbon prices.
While the March contract was last seen at EUR 34.40/MWh, down 70 cents day on day, the front year contract was up 45 cents at EUR 40.85/MWh on the Nasdaq OMX exchange.
The bellwether Q2 12 contract was last seen at EUR 32.50/MWh, up 5 cents day on day. The spread between the Q2 12 and Year 2013 contracts has widened from EUR 5.90 to EUR 8.35 since last Wednesday.
"A rise
Mittwoch, 22.02.2012, 10:16 Uhr
Redaktion
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