Nordic forward prices are falling on Tuesday morning on the back of wet weather forecasts, but a strong system price has limited the fall.
The Q4 11 contract last traded at EUR 48.80/MWh on Nasdaq OMX, down EUR 0.40 from Monday. "The weather forecasts are very wet, especially compared to before the weekend. But a strong spot has limited the fall,” said Tor Havåg, analyst at Norwegian utility Tussa Kraft. "The weather is still wet and we see falling German power prices, but this is countered by a strong spot which is s
Dienstag, 16.08.2011, 11:27 Uhr
Redaktion
© 2024 Energie & Management GmbH