Nordic front forward prices are strengthening on Tuesday morning on the back of a colder outlook which could lift the very low system price, players said.
The Week 41 contract last traded at EUR 27.00/MWh at Nasdaq OMX, up EUR 1.90 from Monday, while the November contract last changed hands at EUR 42.75/MWh, up EUR 0.90. "The current spot prices are uncomfortably low, but the precipitation is forecast be delivered as snow above 500-800 metres in the mountains, and this will release some of the immediate production pressure in the spot market,
Dienstag, 4.10.2011, 11:01 Uhr
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