Nordic forward prices are strengthening on Tuesday morning on the back of drier weather forecasts and expectations of a strong system price, a trader said.
The Q4 contract last traded at EUR 48.45/MWh at Nord Pool, up EUR 0.47 from Monday, while the 2011 contract last traded at EUR 44.10/MWh, up EUR 0.40.
"The weather forecasts have shifted from very wet last week to drier this week and more normal precipitations amounts are now expected. The temperatures are expected to be higher than normal, but this not so important during summer,
Dienstag, 6.07.2010, 11:40 Uhr
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