Nordic power is trading sideways on Thursday morning, with players pointing at developments in the fuel markets as a key price driver.
The Q209 contract last traded at EUR 35.55/MWh at Nord Pool, unchanged from Wednesday, while Year 10 was down 5 cents at EUR 36.55/MWh.
"There is a strong correlation between YR10 and the weakening fuel prices. Meanwhile, Q209 was more or less the same as Wednesday's close, as weather forecasts remained unchanged,” a Norwegian trader said. A Swedish trader added
Donnerstag, 15.01.2009, 11:18 Uhr
Andreas Kögler
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