A mild and wet EC 00 forecast has caused prices in the front end of the Nordic forward curve to drop on Wednesday morning.
The week-ahead contract was last seen down EUR 1.53 day on day at EUR 37.50/MWh, while March was down EUR 0.20 at EUR 37.00/MWh. "Prices opened slightly up, but then they came down after a milder and wetter EC 00 forecast was published,” said Peter Dentler, portfolio manager at Telge Kraft.
The EC 00 forecast predicts 7.5 TWh of precipitation in the next 10 days, agai
Mittwoch, 15.02.2012, 10:46 Uhr
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