The front quarter broke through EUR 70/MWh following forecasts of drier weather, while players say the front year was upheld on the back of stronger coal.
A trader based in Finland noted early morning prognoses had supported a drop in forward prices, but the then the latest EC00 looked drier, helping Q4 to turn up again and peak at EUR 70.55/MWh, last seen at EUR 69.75/MWh. "The hydrological outlook is the key driver right now."Antti Kokkonen from Energiakolmio noted hydro production in southern Norway was surpassing runoff, resulting in n
Dienstag, 19.08.2008, 11:13 Uhr
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