The front end of the Nordic power curve is continuing to fall due to more wet weather forecasts on Friday, while contracts further out are being held up by higher oil prices, players said.
The day-ahead contract was last seen traded at EUR 28.50/MWh at Nord Pool, while the week-ahead contract had dropped 65 cents to EUR 30.40/MWh.
"For tomorrow, I believe the system price will drop to around EUR 29/MWh because of the wet weather. But there is also a possibility that the hydropower producers will be able to hold back enough on the production so that they keep price
Freitag, 24.07.2009, 11:00 Uhr
Redaktion
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