The front quarter rose EUR 1.60/MWh on drier weather on Monday, while the years gained strength on the back of oil.
The Q2 contract rose by a similar level, up EUR 1.50 at EUR 39.00/MWh.
The best 10-day precipitation estimate was 2-3 TWh, according to Storm. Crude oil displayed some strength on geopolitical uncertainty as Israeli airstrikes continued on the Gaza Strip, resulting in a rise of EUR 1 on the Nordic 2010 and 2011 power contracts.
"Personally, I see no reason for
Montag, 29.12.2008, 11:15 Uhr
Redaktion
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