Nordic forward prices are falling on Thursday morning on the back of a weakening fuel complex and wetter weather forecasts.
The bellwether Q3 11 contract last traded at EUR 56.90/MWh at Nasdaq OMX, down EUR 0.40 from Wednesday, while the Year 2012 contract last changed hands at EUR 52.10/MWh, down EUR 0.20. "The fuel complex is weakening, with oil, gas and CO2 prices falling. In addition the weather forecasts are wetter, so there is a bearish input to both the short and long end of the curve,” André Hellströ
Donnerstag, 12.05.2011, 11:02 Uhr
Redaktion
© 2024 Energie & Management GmbH