Nordic prices are strengthening again, after coming off slightly on Thursday. According to market players the rise is caused by a combination of higher fuel prices and dry weather forecasts.
“Prices are up due to a combination of bullish signals from the fuel markets and the weather outlook. Power prices on the continent have also strengthened. I believe prices could still rise further; V2-05 might reach 320 NOK/MWh during next week, and the year contract will follow the upward movement,” a Swedish trader told Montel Powernews.V2-05 has gone up 4.50 NOK to a last
Freitag, 29.07.2005, 13:55 Uhr
Redaktion
© 2024 Energie & Management GmbH