Prices continued down in early trade, but indications of a high pressure curbed the fall.
However, prices are still below yesterday’s settlement. Q3-07 was last traded at EUR 23.10/MWh, down 21 cents.According to Roger Lie at Hafslund, the hydropower producers are in a hurry to get rid of water, and he sees the Q3 contract as 10-15 per cent overpriced. “There is currently a surplus of more than 20 TWh in the system. We can export around five TWh, and bring around
Dienstag, 22.05.2007, 11:33 Uhr
Redaktion
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