Nordic power prices are falling on Tuesday morning in line with wetter weather forecasts, players said.
The Q4 10 contract was last seen at EUR 45.20/MWh, down 55 cents from Monday, while Year 2011 was down 39 cents at EUR 41.30/MWh. "The weather forecast is even wetter than yesterday with over 4 TWh more precipitation than normal,” said Danish traders Scanenergi in their morning comment.
The latest EC 00 forecast predicted 10.7 TWh of precipitation in the next 10 days,
Dienstag, 27.07.2010, 10:57 Uhr
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