The Nordic power market has gained during the morning session, mainly as a result of dry forecasts and firming prices for carbon allowances and German power. Meanwhile, the system price was somewhat weaker than expected before the weekend, according to market players.
Q1-06 has surged past the EUR 40 mark, after being tested several times last week. The contract opened at EUR 39.60/MWh in the OTC market, before increasing to a last trade of 40.20, up 57 cents from Friday.“The ten day forecasts confirm a rather dry trend, as could be expected. The German power market is very strong, and carbon prices are rising. Q1-06 has passed EUR 40, and could
Montag, 5.12.2005, 11:44 Uhr
Redaktion
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