The Nordic power market is experiencing one of the most brutal days ever, with losses of 4-5 euros seen across the board. The reason is cracking carbon prices.
Carbon allowances for December-06 traded as low as EUR 14/tonne at Nord Pool earlier this morning, down more than 10 euros day on day and 16 euros down from Monday, following news from France showing 2005 emissions figures much lower than the market anticipated. “We have a full crack in the market, and it is 100 per cent driven by CO2. The price for CO2 has been halved in three day
Donnerstag, 27.04.2006, 10:14 Uhr
Redaktion
© 2024 Energie & Management GmbH