The Nordic year-ahead contract is softening on Wednesday with players warning that a correction down is due.
On Nord Pool, the year-ahead contract was last seen changing hands at EUR 37.40/MWh, down 70 cents on the previous close.
Thomas Angell at brokerage Bergen Energi said a correction on the Nordic curve was now due after the market had failed to break through the resistance level of around EUR 38.30/MWh for the 2010 contract.
"You can see a correction in many ma
Mittwoch, 17.06.2009, 11:42 Uhr
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