More wet forecasts have sent Nordic power prices further down this morning. The year 2008 contract is also down*
In the front, the weeks are down by over a euro while the benchmark Q4-07 contract is down 95 cents at EUR 35.50/MWh."We have had a bearish weather trend for a long time now, and today's forecasts are considerably wetter than on Friday and indicate no high pressure the next 10 days," says Bjarne Walbech at Nordic Power Trading.According to one analyst, the hydrological surplus in
Montag, 23.07.2007, 11:24 Uhr
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