Nordic power prices keep climbing, due to increasing prices on German power and CO2 allowances, as well as dry forecasts. Summer-05 soared above 260 NOK/MWh this morning.
Oddvar Fodstad at Navitas Nordic Trading points out that since Easter, the focus in the Nordic market has moved from hydrology to Europe. A lot of the Nordic players do not want to start trading in the morning until they see where the German market opens, he comments. “Prices have increased quickly, and when the market turns, the correction can be ugly. The problem is to predict wh
Dienstag, 19.04.2005, 11:34 Uhr
Redaktion
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