Nordic power prices are falling on continued wet forecasts on Wednesday, but the downside is limited by the higher prices in Germany, players said.
The bellwether Q3 11 contract was last traded at EUR 51.65/MWh, down 25 cents from Tuesday and the lowest price for the contract since 10 March. Meanwhile, the 2012 contract was down 30 cents at EUR 50.55/MWh. "The wet weather will continue and that is again the main reason why prices are coming down. But there is also a limit to how much prices can drop, as they are close to the margina
Mittwoch, 8.06.2011, 10:36 Uhr
Redaktion
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