The Nordic forward market is strengthening this morning. The rise could be connected to increasing carbon prices, which at ECX have surged past EUR 24 today. However, the most important factor onwards will be the weather development, market players comment.
Today, the weather forecasts show only marginal changes in the precipitation, while the temperature prognoses are a touch warmer than yesterday.“The reservoirs in the Nordic region are almost full. Regarding the front end of the curve, including Q1-06, the temperature and precipitation development will be crucial, regardless of other elements, because of the large risk of overflow,
Donnerstag, 6.10.2005, 11:47 Uhr
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