Backed by slightly drier weather forecasts and up-regulation in southern Norway, the Nordic power market is adjusting up this morning.
After tumbling two euros yesterday, the Q4-07 contract is regaining some strength, and was last seen at EUR 35.00/MWh (+0.60). "I think there are mainly two reasons for the rise today. Firstly, the weather forecasts are 1-2 TWh drier than yesterday and secondly we have seen up-regulations, particularly in southern Norway," a Finnish trader commented .A Norwegian trader agreed, saying tha
Dienstag, 11.09.2007, 11:38 Uhr
Redaktion
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