Prices are softening in the Nordic power market on Thursday on the back of a milder weather forecast with above normal precipitation.
The Q1 11 contract was last seen at EUR 50.20/MWh, down 25 cents day on day on the Nasdaq OMX exchange."The market opened up, with EUR 51/MWh traded in the OTC market, as the first forecast was for dry and cold weather. But as the next forecast came in there was a downward correction,” said Arne Österlind of Shepherd Energy in Stockholm.
The weather forecasts are drier and
Donnerstag, 4.11.2010, 11:37 Uhr
Redaktion
© 2024 Energie & Management GmbH