The increased probability of a quick nuclear phase out in Germany and drier weather forecasts are pushing up the Nordic power curve on Monday.
The Q3 11 contract was last seen at EUR 54.60/MWh, up 45 cents day on day, while the front year contract is up 52 cents at EUR 51.25/MWh. "It is clearly the news from Germany driving the market, but in addition we also have drier weather forecasts than we had before the weekend,” said a Danish trader.
Germany's sixteen regional environment ministers agreed on Fri
Montag, 30.05.2011, 11:04 Uhr
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