The front end of the Nordic power curve is continuing to fall on Thursday due to wet and mild weather forecasts, while contracts further out are supported by stronger coal and German power prices.
The week-ahead contract was last seen at EUR 29.00/MWh, down EUR 1 day on day, while the bellwether Q2 12 contract is down 30 cents at EUR 30.85/MWh, breaking through the EUR 31 support level. "We see a clear split in the curve, with the front falling on mild and wet forecasts and contracts further out rising in line with higher fuel, carbon allowance and German power prices,” said Arne
Donnerstag, 8.03.2012, 10:40 Uhr
Redaktion
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