Nordic power forwards are rising further on Friday due to repeated cold weather forecasts, while the Saturday spot could drop on the back of strong wind power output, players said.
The March contract was last traded at EUR 66.80/MWh, up EUR 1.95 day on day, while the Q2 11 contract was up 60 cents at EUR 56.80/MWh. The contracts have surged EUR 10.30 and EUR 6.75 respectively since the start of the week. ”Once again it's the weather driving the market. The forecasts remain cold and price movements have been exaggerated this week by the fact that many pla
Freitag, 4.02.2011, 10:31 Uhr
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