The weather is still the main price driver in the Nordic power market, and somewhat milder and wetter outlooks have pushed prices downwards Monday morning.
“The market is down due to the weather prognoses, as there are several low pressures waiting to enter from the west. It is still all about the weather,” one trader says. The Q2-07 contract fell to EUR 26.80/MWh, where the contract turned last week, and for a moment, the fall seemed to stop there today as well. However, at the time of writing, the price is coming off further,
Montag, 12.02.2007, 11:04 Uhr
Redaktion
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