Nordic power forwards are falling strongly on Wednesday amid wet and mild weather forecasts and a softer CO2 market.
"The weather forecasts remain extremely wet on top of a very strong hydrological situation. We also see weaker CO2 and gas prices today,” said Haakon Knudstad, trader at Norwegian utility BKK. The weather forecasts indicate 10.1-14.9 TWh of precipitation in the Nordic region in the next 10 days, compared to a seasonal norm of 4.8 TWh. Temperatures are expected to average about 3-4 degre
Mittwoch, 21.12.2011, 10:48 Uhr
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