The front end is being pushed down considerably this morning, with the strong hydrology being the main price driver. Market players believe in further falls in the quarterly contracts.
Slightly drier and colder forecasts lifted the front quarter at the opening, to EUR 37.70 at the highest. However, the contract turned downwards and fell below EUR 36 for the first time in a year. The Q2-08 was last seen at EUR 35.95/MWh, down EUR 1.20 from Friday.Market players commented that the forecasts are still showing twice the normal precipitation amounts. Moreover, the latest we
Montag, 25.02.2008, 10:54 Uhr
Redaktion
© 2024 Energie & Management GmbH