Nordic forwards are rising on Monday morning on the back of colder and drier forecasts as well as firming CO2 prices, traders said.
The front quarter was last seen at EUR 38.35/MWh, up EUR 1.35 from Friday, while the YR 10 contract had gained EUR 1.00 at EUR 37.10/MWh.
"The end of the forecast period looks very cold, we've gone from above-average to below-average temperatures, and less precipitation than normal is expected for the next 10-15 days, lifting the front end of the forward curve,” commo
Montag, 7.12.2009, 11:26 Uhr
Redaktion
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