The front end of the Nordic power curve is strengthening on Wednesday morning despite wetter weather forecasts, an analyst said.
The July contract last traded at EUR 44.80 EUR/MWh, up 35 cents, while the August contract had gained 35 cents to EUR 45.60/MWh. "The front month contracts are gaining, despite wetter weather. This is in line with our earlier expectations that the summer contracts were priced too low,” said a Norwegian analyst.
The latest EC00 ensemble forecast showed 9.4 TWh of preci
Mittwoch, 30.06.2010, 11:25 Uhr
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