The autumn contract opened at 334 NOK/MWh, and dropped all the way to 322 before making a slight recovery, last changing hands at 324.50 NOK/MWh. “Carbon prices and German power prices are plunging, and the weather forecasts are wet. After an extensive uptrend, a lot of the players have been long, and suddenly everyone has to exit their positions. That leads to a very sharp and...