Although the spot is expected to continue the bearish run, the long end of the curve remains very firm. YR-06 is approaching 34 EUR/MWh, with a last trade of 33.90 EUR/MWh at Nord Pool.
The forecasts are slightly drier today, and the long-lasting fall in the front of the curve is temporarily stopped. Further out on the curve prices are rising, and players attribute this to firm prices in Germany and on CO2 allowances.V2-05 was last traded at 287.75 NOK/MWh, up 2.50 NOK from yesterday’s close.“The strong tendency from yesterday continues today, but V2-
Donnerstag, 16.06.2005, 11:54 Uhr
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