Forward prices at Nord Pool opened down this morning on primarily wetter forecasts. In addition, German forward prices are softer.
V2-05 has lost 5.75 NOK to a last trade of 273.50 NOK/MWh.
“The single most important factor for the weakening forward curve is wetter weather forecasts. Other than that there are few new signals affecting prices at this point,” says an analyst at Nena.He argues that the reservoir levels are well filled and should there be a period of rain, this will put further pressure downwards especially on the front products but also further out
Montag, 19.09.2005, 11:37 Uhr
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