Dry 10-day weather forecasts are lifting Nordic power prices on Friday, but players still seem reluctant to push the price up towards the highs from earlier in the week.
The Q4 10 contract was last seen at EUR 51.85/MWh, up 35 cents day on day. "The forecasts remain dry and cold. That is probably the main reason for the rise,” said Kristian Keim, trader at Norwegian supplier Ishavskraft. "The market is very much driven by the weather. Another confirmation of the dry long-term forecasts has lifted prices today, but we have also seen some aggressive selli
Freitag, 24.09.2010, 10:48 Uhr
Redaktion
© 2024 Energie & Management GmbH