Nordic power prices are continuing to rise on Friday as the weather forecasts remain cold and dry, players said.
The Q2 10 contract was last seen at EUR 42.20/WMh, up 55 cents day on day. Year 2011 was up 20 cents at EUR 41.20/MWh. "The market remains very sensitive to changes in the weather forecasts. Yesterday it fell like a stone after the GFS model [published around lunchtime] had a very mild end to the 10-day period. Today the forecasts are more mixed and the GFS is not quite as mild as yesterday.
Freitag, 15.01.2010, 11:10 Uhr
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