Heavy rain and wet forecasts are driving down Nordic power prices across the board on Monday.
The Q4 contract was last traded at EUR 49.20 MWh, down EUR 1.45/MWh from Friday, while the Year 2012 contract was down 80 cents at EUR 46.60/MWh. Prices are falling on the back of very wet weather forecasts and a low spot price for Monday at EUR 38.84/MWh, players said.
The spot price was much lower than market players had expected before the weekend and the forward contrac
Montag, 18.07.2011, 11:02 Uhr
Redaktion
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