Nordic power prices are falling on Tuesday on the back of cheaper German power and a forecast change to wetter weather, players said.
The Q1 11 contract was last seen at EUR 50.05/MWh, down 35 cents from the previous day. The Year 2011 contract traded sideways, last seen 5 cents down at EUR 44.75/MWh. "The year ahead is mainly being pulled down by the weaker German Cal 11 and lower CO2 prices. The Q1 is responding to both fuel prices and the latest weather forecast," one analyst said.
"We are currently ex
Dienstag, 9.11.2010, 11:09 Uhr
Redaktion
© 2024 Energie & Management GmbH