The front end of the Nordic power curve is falling sharply on Monday morning amid a milder and wetter weather outlook.
The March-contract was last seen at EUR 41.50/MWh, down EUR 2.10 day on day, while the benchmark Q2 12 contract had fallen EUR 1.60 to EUR 36.85/MWh on the Nasdaq OMX exchange.
"We are witnessing a correction in the market, triggered by milder and slightly wetter weather forecasts,” said Rune Jørgensen, trader at Norwegian utility Helgelandskraft.
The operational E
Montag, 6.02.2012, 10:31 Uhr
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