On the back of wetter weather forecasts, the Nordic power market continued the strong downward movements this morning. Later on, prices have regained some strength.
The Q2-06 contract fell to EUR 49/MWh this morning, which is more than 7 euros lower than its highest price at the start of last week. It has now regained some strength, trading last at 50.00, which is still more than a euro down from Friday.“The drop in the market has been massive. I think players are unsure on where the market will head now, but probably things will flatten out.
Montag, 27.03.2006, 11:30 Uhr
Redaktion
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