Nordic power contracts are trading down on Wednesday, on repeated forecasts of wetter and milder weather.
The February contract was last seen at EUR 68.25/MWh, a fall of EUR 5.58, whilst the Q2 dropped EUR 2.80 to EUR 54.20/MWh. "The forecasts are still wet and for slightly milder temperatures than before. In addition German power and CO2 are trading down,” said Henning Nymann, trader at Norwegian utility Trønderenergi.
Precipitation would total 7.7 TWh, or 2.4 TWh more than n
Mittwoch, 5.01.2011, 11:00 Uhr
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