Although Nordic forward prices are coming up on the back of drier weather forecasts today, players still pointed at a substantial risk of falling prices.
The Q2-08 contract was last seen at EUR 31.35/MWh, up 60 cents from yesterday.Players pointed at rather dry weather forecasts as a trigger for the upside, but stressed that the weather has to turn dry over a prolonged period to change the extremely good hydrological situation."We have a hydrological surplus [reservoir, snow and soil water] of around 18 TWh. We are now entering the
Mittwoch, 12.03.2008, 11:50 Uhr
Redaktion
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