Nordic forward prices are falling on Wednesday morning due to weakening coal, gas, CO2 and German power prices, traders said.
The Q4 contract last traded at EUR 47.75/MWh at Nord Pool, down EUR 0.10 from Tuesday, while the 2011 contract last traded at EUR 44.46/MWh, down 34 cents. "German power prices, coal, gas and CO2 prices are falling. In addition the weather forecasts are slightly wetter. This pulls the market down,” said Svenn Rognås, trader at Norwegian generator BKK.
"I am a bit surpris
Mittwoch, 7.07.2010, 10:50 Uhr
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