Nordic power prices are coming up on stronger fuel prices on Friday morning, but the upside is limited by developments in the German power market, players said.
The Q3 09 contract was last seen at EUR 37.00/MWh, up 30 cents from Thursday, while Year 2010 was up 50 cents at EUR 40.25.
"Oil is up like a bullet, and all the commodities are rising, so normally we would have expected a much stronger rise than we have had today,” said a Norwegian trader.
The Brent front month contract on the ICE peaked at USD 64.95 on
Freitag, 29.05.2009, 11:47 Uhr
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