The Q3 12 Nordic power contract has reached yet another all time low of EUR 28.10/MWh on Friday morning, as the weather forecasts have turned even wetter than they were earlier in the week, traders said.
"We are breaking new records on the downside all the time now so it is very hard to tell how far the market will fall, but it seems like it could come down even further,” trader Robin Sköld at Swedish supplier Bixia told Montel. The Q3 contract was last seen at EUR 28.20/MWh, down 50 cents day on day, and it has dropped almost 10% since the end of April on the back of sustained wet weat
Freitag, 11.05.2012, 11:03 Uhr
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