Dry weather forecasts and high German prices lead to a further rise in the Nordic power market this morning. Summer-05 climbed to 253.50 NOK/MWh, and according to market players, there are currently no signs of an end to the uptrend.
“The weather forecasts are very dry, and temperatures are lower, which will reduce the inflow. With carbon and German prices still firm, everything looks bull at the moment, and I believe the prices will continue upwards,” a Norwegian analyst told Montel Powernews.“The trend is very strong, and all signals point upwards. German prices are very high, and I think the Nord
Donnerstag, 14.04.2005, 11:53 Uhr
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