Nordic power prices are falling on Thursday morning as the wetter and milder weather forecasts from Wednesday have been confirmed, players said.
The February contract was last seen traded at EUR 47.75/MWh, EUR 1.90 below Wednesday's close, while the Q2 10 contract was down EUR 1.85 at 41.90/MWh. "The weather forecasts are changing a lot. But there appears to be a trend towards milder and wetter weather,” said Bjarne Walbech at Nordic Power Trading.
The latest 10-day forecast from Storm Weather Centre show
Donnerstag, 21.01.2010, 10:46 Uhr
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