Nordic forward prices are rising on Monday morning on the back of drier weather forecasts and stronger German power prices.
The Q3 11 contract last traded at EUR 55.50/MWh at Nasdaq OMX, up EUR 1.05 from Friday, while the 2012 contract last changed hands at EUR 50.90/MWh, up EUR 0.50. "Drier weather forecasts in a combination with stronger German power prices are lifting the curve,” Rune Jørgensen, trader at Norwegian utility Helgelandskraft said. "Most parameters are bullish. The weather forecasts are drier, Mon
Montag, 18.04.2011, 10:58 Uhr
Redaktion
© 2024 Energie & Management GmbH