Nordic power prices are rising further on Tuesday as the latest weather forecast contradicted earlier signs of slightly milder weather going forward, players said.
The Q1 11 contract was last seen at EUR 77.50/MWh, up 40 cents day on day after it hit a low of EUR 76.75/MWh earlier. "We had an operational forecast [EC 00] that was slightly milder this morning, but then came the EC 00 ensemble which was colder and drier,” said a Norwegian trader.
The EC 00 ensemble forecast predicts temperatures in the Nordic region to average 8.1
Dienstag, 28.12.2010, 10:51 Uhr
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