The forward market has been lifted further this morning, due to among other things drier forecasts.
Q1-08 has been traded as high as EUR 52.80/MWh this morning, while the year contract for 2008 has reached an all time high of EUR 50.30/MWh."The weather is of huge importance right now, because wet conditions means that the hydropower producers will lose control again, while a dry situation brings them in total control. Currently, they are in control, which is shown in the spot prices,"
Freitag, 12.10.2007, 11:21 Uhr
Redaktion
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