Nordic prices are soaring Monday morning, with both Q2-06 and YR-07 reaching new all time highs. Players mention drier and colder forecasts plus rising oil prices as the main contributors.
“Everything is bull today, and the rise is not very surprising. Price prognoses have pointed to higher prices for a while, and now the system price is starting to show strength. In addition, oil prices are firming. Everything is pulling in the same direction this morning,” says Nils Petter Benjaminsen at Eidsiva Energi. Q2-06 is being traded at around EUR 43.50/MWh, which is
Montag, 20.02.2006, 11:26 Uhr
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