By the end of the auction, the price had reportedly reached E69.25 per MWh for the base-load product for 2009 and E77.75 per MWh for the profiled product, which is a combination of base-load and peak-load power for 2009.
On the day of the auction, the base-load product was traded at the European Energy Exchange for E69.90 per MWh, according to RWE.
Andreas Radmacher, CEO of RWE Key Account, said: The large number of participants clearly shows that this diversified power purchasing model is well received by industrial customers in Europe.
