"It's wet, the CO2 market is down, and so is the German power market as well", Nymann says.
He believes today's movement is a correction after yesterday's jump in the CO2 prices, which pulled the market up yesterday morning.
Yesterday's
Instream's morning report indicated a sideways movement this morning, but power trader Henning Nymann at Trønderenergi expects a sharp fall in Thursday's system price.
"It's wet, the CO2 market is down, and so is the German power market as well", Nymann says.
He believes today's movement is a correction after yesterday's jump in the CO2 prices, which pulled the market up yesterday morning.
Yesterday's