Nordic forward prices are falling on Wednesday morning on the back of wet weather forecasts and weaker German power prices.
The Q3 11 contract last traded at EUR 54.45/MWh at Nasdaq OMX, down 45 cents from Tuesday, while the 2012 contract last changed hands at EUR 51.65/MWh, down 30 cents. "After yesterday's close the German front year contract fell a bit. With persistent wet weather forecasts, this combination lowered the whole curve,” a Norwegian broker said.
The CO2 contract for De
Mittwoch, 1.06.2011, 10:51 Uhr
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