Nordic power contracts are trading down on Monday morning, triggered by a softer than expected system price for Monday and bearish weather forecasts coming in at the weekend.
The Q1 11 contract was last seen down EUR 2.80, at EUR 68.80/MWh, after an intraday low at EUR 67.75/MWh.The week-ahead was down EUR 2.10 at EUR 74.50/MWh. "It is a nervous market, the weather forecast at the weekend showed more normal weather at end of the 10-day period. It looks as if there might be a change,” said Jens Østbye, trader at Eidsiva Energi.
The pri
Montag, 20.12.2010, 10:52 Uhr
Redaktion
© 2024 Energie & Management GmbH