A change to wetter and slightly milder long-term weather forecasts has triggered a sell-off in the Nordic power market on Friday.
The March contract was last seen traded at EUR 63.00/MWh, down EUR 2.00 day on day, while Q2 11 was down EUR 1.65 at EUR 53.80/MWh. "The weather forecasts have become wetter, and also slightly milder. It looks as if the high pressure that has given extremely cold weather in eastern and northern parts of the Nordic region will be replaced by more westerly winds, giving increased precipitation
Freitag, 18.02.2011, 10:42 Uhr
Redaktion
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