The falling fuel complex is pushing down Nordic power prices, market players said on Tuesday.
The Q2 09 contract last traded at EUR 33.55/MWh at Nord Pool, down EUR 0.83 from Monday.
"Fuels have fallen recently and there is nothing to suggest that power prices will move in the opposite direction,” said Jan Ove Heen, trader at Tyholmen Kraft in Norway.
"Actually, it seems like we are trading oil," he joked. "The oil price is the bellwether fo
Dienstag, 20.01.2009, 11:32 Uhr
Redaktion
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