Wet forecasts pushed prices down in thin trade at Nord Pool this morning, but the contracts have climbed back up to above yesterday’s level, following the movements seen in the carbon market.
One analyst says the carbon and oil markets are influencing the Nordic market to a large extent at the moment. “With oil, carbon and German power seeing new record levels yesterday, we get a snowball effect for Nordic power as well. The rather wet outlooks are keeping the front contracts until Q4-06 down, while the rest of the curve is driven by the increase in production costs and German
Mittwoch, 12.04.2006, 11:51 Uhr
Redaktion
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