Nordic forward prices are rising on Thursday morning due to very dry weather forecasts and a strong fuel complex and CO2 prices.
The Q3 11 contract last traded at EUR 56.65/MWh at Nasdaq OMX, up EUR 0.80 from Wednesday, while the Year 2012 contract last changed hands at EUR 51.75/MWh, up EUR 0.86. "The whole curve is lifted by the dry weather forecasts. Some forecasts are extremely dry, with the EC 00 indicating almost no precipitation at all,” said a Swedish trader. In addition German power prices, as well as ga
Donnerstag, 28.04.2011, 11:02 Uhr
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