A stronger oil price is pushing Nordic power futures up on Monday, while the front is quiet on slightly more wet weather signals, players said.
The Q3-09 contract was last seen at EUR 35.30/MWh, up EUR 1.00 from Friday, while YR 10 was up EUR 1.05 at EUR 37.10/MWh.
"The German power market came up a euro just after opening today and then the Nordic market followed suit. It is mainly strong oil and coal prices that are driving the market up, and CO2 is also stronger,” said one trader.
"It is main
Montag, 6.04.2009, 10:28 Uhr
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