Nordic forwards are softening on Wednesday on the back of rainy forecasts, traders said.
The Q3 10 contract had fallen by EUR 0.75 day on day to EUR 48.95/MWh, while the YR 11 contract had lost EUR 0.50 at EUR 47.05/MWh. Precipitation in the next 5 days would be more than twice as high as normal, at 5.3 TWh, according to the EC 00 ensemble forecast. "Spot prices are also under pressure, with power supply increasing on the back of increased nuclear output in Sweden and more w
Mittwoch, 9.06.2010, 11:23 Uhr
Redaktion
© 2024 Energie & Management GmbH