The Nordic power curve is rising amid drier weather forecasts on Tuesday morning, but the strength of the increase lacks substance, players said.
The Q4 11 contract was last seen at EUR 50.45/MWh, up EUR 0.70 day on day, after hitting EUR 51.25/MWh earlier in the session. Prices jumped after the operational EC 00 weather forecast showed only 4.6 TWh of precipitation the next 10 days, which is 1.5 TWh below normal. ”The early forecast showed considerable rain, but when this was changed the market reacted, causing prices to ri
Dienstag, 12.07.2011, 11:02 Uhr
Redaktion
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