Uncertainty over spot price developments are putting a limit on the downside in the front end of the Nordic power curve, market players said on Tuesday.
The bellwether Q2-09 contract was last seen at EUR 32.55/MWh, down 20 cents from Monday.
"The Q2 has a limited downside due to a strong spot price development and weather forecasts that are not particularly bearish. The reservoir levels are well below normal, and we could potentially reach a tight situation ahead of the spring thaw, particularly in Sweden,” said a Norwegia
Dienstag, 10.03.2009, 11:14 Uhr
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