The front end of the Nordic power curve is rising strongly on Monday morning amid a stronger than expected system price and colder weather forecasts.
February was last seen trading at EUR 39.50/MWh, up EUR 2.95 day on day, while Q2 12 was up EUR 1.40 at EUR 33.80/MWh. Earlier the contracts had peaked at EUR 40.50/MWh and EUR 34.60/MWh respectively.
A surprisingly strong system price of EUR 45.20/MWh for Monday, EUR 7-8 above expectations, and a colder end to the 10-day weather forecasts contributed to the rise. "People s
Montag, 9.01.2012, 10:53 Uhr
Redaktion
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