Nordic forwards are rising on Thursday, but a sudden switch to milder, wetter conditions could see a big fall in prices, players said.
The Q1 11 contract last traded at EUR 74.50/MWh on Nasdaq OMX, up EUR 1.25 from Wednesday in thin trade. Players were fearful of changes in the weather forecasts as wetter and milder conditions could see a big correction down, said Bergen Energi analyst John Brottemsmo.
The current hydrological deficit in Norway and Sweden was around 44 TWh, of which 29 TWh was in the hyd
Donnerstag, 23.12.2010, 11:24 Uhr
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