Weather forecasts are drier today, but the strong market is mainly due to strengthening carbon prices and German power prices, according to market players. V2-05 opened at 304 NOK/MWh in the OTC market, and has later gained to 306 NOK/MWh.
“Today we are seeing see a continuation of yesterday’s strong tendency. The weather looks drier, but is not the most important factor. Oil prices are rising, German power is firm and CO2 has climbed above 20 EUR again. All factors are pointing in the same direction,” says Per-Arne Austli at Norwegian hydro producer BKK. The market is quite thin, and will probably stay r
Dienstag, 26.07.2005, 11:54 Uhr
Redaktion
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