Nordic power forwards are firming on Friday morning on the back of higher costs for marginal power production and a fluctuating weather outlook, but traders have mixed views on the possibilities for a further price rise.
The bellwether Q4 11 contract had gained EUR 0.35 day on day at EUR 49.20/MWh, while the September contract was last seen up EUR 0.25 at EUR 44.85/MWh. Contracts were underpinned by a slightly less wet but generally mixed weather outlook, with no clear trend in sight, a Norwegian trader said. The Q4 11 short-run marginal production cost for coal-fired stations has risen by EUR 0.20 day o
Freitag, 12.08.2011, 11:00 Uhr
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