Nordic forward prices gained on Monday morning on the back of colder weather forecasts, market players said.
The Q1 09 contract was last traded at EUR 43.50/MWh at Nord Pool, up EUR 2.07 compared to Friday's settlement.
"Drier and colder weather forecasts were the main reasons for prices going up,” said Atle Sørsdal, portfolio manager at Norwegian utility Hafslund. Morning forecasts showed around 3 TWh precipitation for the next 10-day period and temperatures close to a
Montag, 22.12.2008, 12:51 Uhr
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