The €750 billion EU rescue package has also stabilised the commodity markets. Crude oil and CO2 prices have risen in recent weeks and have also driven the price of German electricity in the front year.
Some traders have now realised these gains and thus caused a slight price decline again. However, all this took place in a relatively narrow price range.
All in all, the participants of the enmacc market sentiment in July showed a high accuracy: almost 80% of participants gave correct estimations.
We congratulate the market sentiment winners in July on their correct predictions!
3x Karlheinz Berns – ZVO Energie GmbH
3x Mark Doenau – MITGAS Mitteldeutsche Gasversorgung GmbH
2x Torsten Bostelmann – TEAG Thüringer Energie AG
2x Jörg Stockhecke – Stadtwerke Bielefeld GmbH
Evgenij Bessanov – ENNI Energie und Umwelt Niederrhein GmbH
Oliver Bodenmüller – Stadtwerke Karlsruhe GmbH
Thomas Engelhardt – TEAG Thüringer Energie AG
Josephine Hantschmann – envia Mitteldeutsche Energie AG
Stefan Hausammann – Eniwa AG
Uwe Hillig – Stadtwerke Konstanz GmbH
Alexander Knorn – FairEnergie GmbH
Jörg Kruse – ENNI Energie und Umwelt Niederrhein GmbH
Arndt Metzmacher – N-ERGIE Aktiengesellschaft
Patrick Niemeyer – Kooperationsgesellschaft fränkischer Elektrizitätswerke mbH
Markus Oelsner – Energie Südbayern GmbH
Thomas Osthues – Stadtwerke Bochum GmbH
Christoph Paschke – EWV Energie- und Wasser-Versorgung GmbH
Dennis Pastor – Stadtwerke Rostock AG
Heinrich Peng – Technische Betriebe Glarus Nord
Johanna Stäsch – Stadtwerke Marburg GmbH
Marcel Straub – Thüga Energie GmbH
Norman Vogel – KES Kommunale Energiedienstleistungsgesellschaft mbH
Marion Witthuhn – E.ON Energie Deutschland GmbH