Nordic power prices continue to rise steadily, as the forecasts get colder and drier. Q2-06 is approaching EUR 42.00/MWh, the highest level since 23 January.
“The market is driven by the weather. With as dry and cold forecasts as we have today, prices are only going one way. A high pressure will dominate the weather next week, with gradually reduced precipitation. I believe players are starting to worry more and more about the snow shortage and the total fundamental situation,” one analyst says.The total hydrological deficit is cu
Freitag, 17.02.2006, 11:14 Uhr
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