Dry weather forecasts are lifting Nordic power prices on the first trading day after Easter.
The Q3 09 contract was last seen at EUR 35.25/MWh, up EUR 1.60 from last Wednesday, while Year 2010 was up EUR 1.80 at EUR 37.00/MWh.
”The weather forecasts are dry and that is probably the main reason for today's rise,” said a Norwegian trader, who expected that the hydropower producers would adjust up the value of their water in tandem with decreasing reservoi
Dienstag, 14.04.2009, 10:46 Uhr
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