Nordic power contracts are sliding on Tuesday, which is a natural correction after Monday's rally, participants said.
"It really took off yesterday. The market is taking a breather now, " said Kristian Fossum from Norwegian utility Hafslund. "There is also some profit-taking, you cannot go long at these levels,” he added.
The restart of Swedish nuclear unit Ringhals 1 (855 MW) also provided the front with downside. It was expected to reach full capacity on Thursday.
Dienstag, 7.12.2010, 11:02 Uhr
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