After a jumpy start, Nordic forward prices have adjusted downwards on the back of falling prices on German power and CO2. Liquidity remains low, however, with only 446 GWh traded at Nord Pool so far.
The V2-05 contract opened up at 313.50 in the OTC market this morning, continued up to 314 before sliding back below Friday’s closing price to a last trade of 308.75 (-2). Year 06 is also down from Friday, trading last at 36.30 EUR/MWh (-0.30).“A stronger than expected system price [254.76 NOK/MWh] and dry forecasts caused the strong opening. Later forecasts have not been th
Montag, 15.08.2005, 11:33 Uhr
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