Nordic power prices are trading sideways on Thursday morning, but the downside is limited by the weak hydrological balance, traders said.
The Q2 10 contract was last traded at EUR 44.10/MWh, up 30 cents from Wednesday. "I am a bit surprised that prices did not come up more this morning. The forecasts are colder for next week and we still have a very big hydrological deficit," said a Danish trader. "But the spot has weakened recently and the front end of the curve has followed. However, colder weather next week and a possible end to
Donnerstag, 18.03.2010, 11:06 Uhr
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