The front end is receiving mixed signals with a southbound system price pulling down, while there are firmer signals further out on the curve.
"The spot price is holding the market down, while fundamentals are pushing upwards. There is some fear over what will happen with the spot, which is still under pressure, but I don't believe it will start rising yet," Erik Helseth from Tafjord Kraft said.The softening system price continued to impact the front weeks and months this morning. Q3 weakened to EUR 40.60/MWh at the lowest
Donnerstag, 8.05.2008, 11:56 Uhr
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