Forward prices at Nord Pool are moving sideways from yesterday’s settlement. The meteorologists are still predicting large amounts of precipitation, while strengthening German power prices and carbon are pulling in the opposite direction.
V2-05 opened down almost 3 NOK at 294.50 NOK/MWh, due to very wet forecasts, but is last traded at 296 NOK/MWh. The latest weather update is showing more normal precipitation amounts. The 2006 contract is last traded at EUR 37.18/MWh, up 0.11 EUR from Tuesday.”It is rather quiet in the market today, as it was yesterday. The prices seem a bit locked at these levels, especially the y
Mittwoch, 7.09.2005, 12:34 Uhr
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