A weak system price and wet forecasts are pushing front end prices down, while contracts further ahead are tracking oil upwards.
Monday's system price was expected to be soft, but still turned out below expectations at EUR 50.89/MWh. Moreover, weather forecasts are showing a quite wet and mild end to the 10-day period. Consequently, the outlook in the short term is weak, and the front week has slipped 1.50 euros to EUR 55.75/MWh at the time of writing."Today's system price was a bit extreme, with a lot o
Montag, 10.11.2008, 11:02 Uhr
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