The front end of the Nordic forward curve is rising sharply on Friday, following forecasts of a sudden change to colder weather at the end of next week.
The week-ahead contract is up EUR 1.80 day on day at EUR 28.60/MWh, while the May contract has gained EUR 1.35 to EUR 28.15/MWh. "The weather forecasts have turned much colder from the middle of next week. This is clearly the main factor affecting the market today,” a Norwegian trader said.
Temperatures are forecast to rise several degrees above normal this weekend an
Freitag, 27.04.2012, 11:06 Uhr
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