The front end of the Nordic power curve is continuing down on Wednesday as the price outlook remains bearish due to the strong hydrological balance and normal weather forecasts, players said.
February is down 50 cents at EUR 38.50/MWh, while the benchmark Q2 12 contract was last seen unchanged day on day at EUR 32.50/MWh, after hitting EUR 33.00/MWh in early trade. "I was a bit surprised that the price came up to EUR 33 this morning. But the weather forecasts are diverging and prices came down when the EC 00 was milder than some of the earlier models,” said Arne Österlind, t
Mittwoch, 18.01.2012, 11:24 Uhr
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