The strong Nordic market Monday morning is mainly driven by firm prices for carbon, oil and German power, in addition to a high system price.
"The market seems very firm at the moment, and is connected to the high oil prices and carbon prices, as well as a firm German power market. The weather forecasts are quite wet, and this situation is ideal for the hydro power producers, with precipitation combined with rising prices,” one trader in Norway comments.As long as the other markets remain firm, it will be hard to push No
Montag, 24.04.2006, 11:29 Uhr
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