Nordic forward contracts are rising on Wednesday morning on the back of dry forecasts, players said.
The Q4 11 contract was last seen trading at EUR 50.80/MWh, up 60 cents from Tuesday's close, while the 2012 contract was up 15 cents at EUR 47.50/MWh. This rise comes on the back of drier weather forecasts in the Nordic region and low wind estimates across Denmark and Germany, said Poul-Erik Ivraeus, analyst at Danish power trader Energi Midt Handel.
The drier than nor
Mittwoch, 27.07.2011, 10:43 Uhr
Redaktion
© 2024 Energie & Management GmbH