The front end of the Nordic power curve is softening on Tuesday morning on the back of rising nuclear output and mild weather, traders said.
The April contract had fallen EUR 0.50 to EUR 48.20/MWh at the time of writing, while the bellwether Q2 10 contract was last seen at EUR 44.80/MWh, down EUR 0.25 day on day. Meanwhile, the YR 11 contract had gained EUR 0.10 to EUR 40.90/MWh. "A stronger spot price is needed to support the forward curve, but the odds of that happening are slim. I see no reason why the spot should stop weakening, wi
Dienstag, 16.03.2010, 11:18 Uhr
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