Nordic power prices are falling on Thursday morning after much wetter and milder weather foreacasts were confirmed, traders said.
The Q1 10 contract was last seen at EUR 36.35/MWh, down EUR 1.08 on day, while the YR 10 contract last went at EUR 35.75/MWh, down EUR 1. "There's only one thing to say. The weather is causing prices to fall,” said a Swedish trader. ”There is a more credible change in the weather now. The different models are now agreeing on wetter and milder conditions,” said one Norwegian
Donnerstag, 12.11.2009, 10:52 Uhr
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