Nordic power forwards are rising on Monday morning, supported by rising oil and German power prices as well as a dry end to the 10-day weather forecasts.
The bellwether Q1 12 contract was last seen at EUR 47.70/MWh, up EUR 0.95 from Friday, while Year 2012 was up 55 cents at EUR 44.45/MWh. "There are several factors behind today's price rise. The weather forecasts are drier than what we have been used to over the last three months, oil is rising on a more positive macroeconomic outlook and German power is also up,” said Per Arne Aus
Montag, 17.10.2011, 11:16 Uhr
Redaktion
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