Nordic power prices are falling sharply on Monday morning amidst bearish signals from fuels and weather.
The Q4 11 contract was last seen down EUR 2.40 from Friday at EUR 44.00/MWh, while the front week contract last changed hands at EUR 32.00/MWh, down EUR 5.98. "A price drop is only natural at the moment, as all factors are bearish,” a Finnish trader said. "Oil, CO2, coal and weather are all pointing in the same direction.”
Weather forecasts show 8.1 TWh - 11.6 T
Montag, 26.09.2011, 10:46 Uhr
Redaktion
© 2024 Energie & Management GmbH