Wet forecasts are pushing the front end of the curve down Monday morning, while further out prices are up on rising carbon prices.
The Q3-07 contract is down 55 cents at EUR 25.20/MWh at Nord Pool. “It is definitely the weather which is weighing down the market. The forecasts are much wetter than before the weekend,” says Bjørn Skjelvan at Helgelandskraft, adding that due to the wet outlook and strong hydrology he sees a potential for a further fall in the Q3-07 contract.Another trader also thinks the fr
Montag, 14.05.2007, 11:22 Uhr
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