Nordic power prices are falling on Monday morning in line with wetter weather forecasts, traders said.
The bellwether Q4 10 contract was last seen at EUR 45.40/MWh, down 85 cents from Friday, while Year 2011 was down 80 cents at EUR 41.25/MWh. "Today's EC 12 forecast was much wetter than many of the forecasts we saw at the end of last week. That is the main reason why prices are coming off this morning,” said a Norwegian trader.
"However, the EC 00 model is drier
Montag, 26.07.2010, 11:13 Uhr
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