Nordic power prices opened down on wet forecasts and softer fuels and German power prices on Wednesday, but has later recovered on a slightly drier weather update, traders said.
The Q4 10 contract was last seen at EUR 47.40/MWh, up 15 cents from Tuesday. The contract had earlier in the morning been traded at EUR 46.50/MWh, before being lifted by a drier EC 00 forecast, one trader said. "The latest EC 00 forecast was drier than previous models, but the forecasts remain wetter than normal. There is also a softer sentiment on fuels and German power today,” said a
Mittwoch, 11.08.2010, 10:09 Uhr
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