The Nordic system price for Friday is expected to rise above EUR 52/MWh due to cold weather and low wind, thermal and nuclear power production, players said.
The day-ahead contract last traded EUR 51.90/MWh, up EUR 0.60 from Thursday's price. "I think we will see a strong spot tomorrow. The weather will be very cold, wind power production will be very low, and a lot of nuclear and thermal power production is out of operation. There could potentially be some very high hourly prices,” a Norwegian trader said.
The system
Donnerstag, 14.10.2010, 11:05 Uhr
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