Forward prices soared Monday morning, mainly on the back of a strong system price and dry forecasts.
Today's system price turned out above expectations at EUR 28.93/MWh, and contributed to lift the week contracts. Week 41 has gained almost two euros to last change hands at EUR 30.70/MWh. This also influenced the rest of the curve, in addition to continued dry forecasts for the end of the 10 day period. The front quarter, Q1-08, has reached EUR 50 this morning, the highest level since the end o
Montag, 1.10.2007, 11:09 Uhr
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